2, RINGSFIELD ROAD, LOWESTOFT, NR32 3DF - £267,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 RINGSFIELD ROAD is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £267,000 in June 2024, which was around 37% below the average June 2024 detached price in the East Suffolk local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

2 RINGSFIELD ROAD Sold Prices

Land registry data shows three sales for 2 RINGSFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 2 RINGSFIELD ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 21 JUN	£267,000	£421,226	37% below HPI
2023 6 DEC	£180,000	£422,815	57% below HPI
2007 16 JAN	£150,000	£244,439	39% below HPI

2 RINGSFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 2 RINGSFIELD ROAD sales between January 2007 and June 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2023 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the June 2024 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 RINGSFIELD ROAD?

2 RINGSFIELD ROAD is 69m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 2 RINGSFIELD ROAD lies on this distribution: 15% of detached houses are smaller than 2 RINGSFIELD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 RINGSFIELD ROAD: Plot and Title Map

2 RINGSFIELD ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 2 RINGSFIELD ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 RINGSFIELD ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 RINGSFIELD ROAD?

2 RINGSFIELD ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 2 on RINGSFIELD ROAD.