2, ROMAN ROAD, LOWESTOFT, NR32 2DG - £89,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ROMAN ROAD is a very small extended detached house of 47m², built sometime between 1900 and 1929, which could now be worth an estimated £118,134. It was last sold for £89,995 in September 2016, which was around 72% below the average September 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

2 ROMAN ROAD Sold Prices

Land registry data shows four sales for 2 ROMAN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 2 ROMAN 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
2016 16 SEP	£89,995	£322,277	72% below HPI
2014 14 MAR	£71,500	£259,148	72% below HPI
2003 1 AUG	£46,000	£190,076	76% below HPI
2002 8 NOV	£44,500	£176,535	75% below HPI

2 ROMAN 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 four 2 ROMAN ROAD sales between November 2002 and September 2016 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 March 2014 sale was for 72% below the HPI. So the extrapolation line tracks at 72% below the HPI over time, until the September 2016 sale, which was also at 72% below the HPI.

What might 2 ROMAN ROAD be worth now?

2 ROMAN ROAD might now be worth an estimated £118,134.

This is based on house price inflation of 31.3%, between September 2016 and February 2025, for detached houses, in the East Suffolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.3% inflationary increase is applied to the most recent sale price for 2 ROMAN ROAD of £89,995 on 16th September 2016. For the value to have increased from £89,995 to £118,134 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 ROMAN ROAD has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The September 2016 sale price of £89,995 represented a fair market value for the property.
• The size, condition, and specification of 2 ROMAN ROAD has not materially changed since September 2016.

How Large is 2 ROMAN ROAD?

2 ROMAN ROAD is 47m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lowestoft, and where 2 ROMAN ROAD lies on this distribution: Less than 1% of detached houses houses are smaller than 2 ROMAN ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 ROMAN ROAD: Plot and Title Map

2 ROMAN ROAD sits on a plot of roughly 0.010 of an acre, or 41m². The below map shows the location of 2 ROMAN 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 ROMAN 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 ROMAN ROAD?

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