2, ROMANY ROAD, LOWESTOFT, NR32 3PJ - £395,000

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 ROMANY ROAD is a very large extended detached house of 152m², built sometime between 1900 and 1929. It was last sold for £395,000 in July 2009, which was around 74% above the average July 2009 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

2 ROMANY ROAD Sold Prices

Land registry data shows three sales for 2 ROMANY 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 ROMANY ROAD sales were for above 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
2009 21 JUL	£395,000	£226,587	74% above HPI
2006 11 APR	£315,000	£220,185	43% above HPI
1997 23 APR	£130,000	£78,660	65% above HPI

2 ROMANY 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 ROMANY ROAD sales between April 1997 and July 2009 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 April 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the July 2009 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 2 ROMANY ROAD?

2 ROMANY ROAD is 152m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the largest 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 ROMANY ROAD lies on this distribution: 89% of detached houses are smaller than 2 ROMANY ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

2 ROMANY ROAD: Plot and Title Map

2 ROMANY ROAD sits on a plot of roughly 0.282 of an acre, or 1,141m². The below map shows the location of 2 ROMANY 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 ROMANY 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 ROMANY ROAD?

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