20, THE RIDGEWAYS, LOWESTOFT, NR33 9NN - £275,000

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

20 THE RIDGEWAYS is a very large extended detached house of 157m², built sometime between 1976 and 1982. It was last sold for £275,000 in November 2014, which was around 4% below the average November 2014 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

20 THE RIDGEWAYS Sold Prices

Land registry data shows two sales for 20 THE RIDGEWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. One of the two 20 THE RIDGEWAYS sales was for below the average price, whilst the other was 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
2014 3 NOV	£275,000	£286,739	4% below HPI
1997 21 JAN	£84,000	£78,341	7% above HPI

20 THE RIDGEWAYS 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 two 20 THE RIDGEWAYS sales from January 1997 and November 2014 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 January 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 20 THE RIDGEWAYS?

20 THE RIDGEWAYS is 157m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 20 THE RIDGEWAYS lies on this distribution: 90% of detached houses are smaller than 20 THE RIDGEWAYS, and 10% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

20 THE RIDGEWAYS: Plot and Title Map

20 THE RIDGEWAYS sits on a plot of roughly 0.156 of an acre, or 632m². The below map shows the location of 20 THE RIDGEWAYS, 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 20 THE RIDGEWAYS). 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 20 THE RIDGEWAYS?

20 THE RIDGEWAYS is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 20 on THE RIDGEWAYS.