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

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

24 RANWORTH AVENUE is a small extended semi-detached house of 86m², built sometime between 1950 and 1966. It was last sold for £195,000 in September 2020, which was around 47% below the average September 2020 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 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	£366,905	47% below HPI
2015 9 OCT	£169,995	£302,168	44% below HPI
2011 29 SEP	£152,000	£250,801	39% below HPI
2002 5 JUL	£79,995	£158,620	50% below HPI

24 RANWORTH AVENUE 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 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the September 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

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 detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 24 RANWORTH AVENUE lies on this distribution: 38% of detached 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.