24, RANWORTH AVENUE, LOWESTOFT, NR33 9HN - £195,000

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.

24 RANWORTH AVENUE is a small extended semi-detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £226,194. It was last sold for £195,000 in September 2020, which was around 17% below the average September 2020 semi-detached price in the East Suffolk local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

24 RANWORTH AVENUE Sold Prices

Land registry data shows four sales for 24 RANWORTH AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the East Suffolk local authority area for the corresponding sale date. All of the four 24 RANWORTH AVENUE 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
2020 9 SEP	£195,000	£235,922	17% below HPI
2015 9 OCT	£169,995	£191,434	11% below HPI
2011 29 SEP	£152,000	£159,331	5% below HPI
2002 5 JUL	£79,995	£96,441	17% below HPI

24 RANWORTH AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four 24 RANWORTH AVENUE sales between July 2002 and September 2020 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 October 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 24 RANWORTH AVENUE be worth now?

24 RANWORTH AVENUE might now be worth an estimated £226,194.

This is based on house price inflation of 16%, between September 2020 and July 2025, for semi-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 16% inflationary increase is applied to the most recent sale price for 24 RANWORTH AVENUE of £195,000 on 9th September 2020. For the value to have increased from £195,000 to £226,194 over the five years and two months to July 2025, the following assumptions must hold true:

• The value of 24 RANWORTH AVENUE has moved in line with the HPI for semi-detached houses in the East Suffolk local authority area.
• The September 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 24 RANWORTH AVENUE has not materially changed since September 2020.

How Large is 24 RANWORTH AVENUE?

24 RANWORTH AVENUE is 86m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 40% of semi-detached houses houses in Lowestoft, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lowestoft, and where 24 RANWORTH AVENUE lies on this distribution: 38% of semi-detached houses houses are smaller than 24 RANWORTH AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

24 RANWORTH AVENUE: Plot and Title Map

24 RANWORTH AVENUE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 24 RANWORTH AVENUE, 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 24 RANWORTH AVENUE). 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 24 RANWORTH AVENUE?

24 RANWORTH AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 24 on RANWORTH AVENUE.