3, RANWORTH AVENUE, LOWESTOFT, NR33 9HN - £295,000

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.

3 RANWORTH AVENUE is a very large extended detached house of 136m², built sometime between 1967 and 1975, which could now be worth an estimated £350,567. It was last sold for £295,000 in July 2018, which was around 17% below the average July 2018 detached price in the East Suffolk local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

3 RANWORTH AVENUE Sold Prices

Land registry data shows two sales for 3 RANWORTH AVENUE 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. Both of the two 3 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
2018 6 JUL	£295,000	£354,091	17% below HPI
2007 20 JUL	£215,000	£250,828	14% below HPI

3 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 two 3 RANWORTH AVENUE sales from July 2007 and July 2018 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 July 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 3 RANWORTH AVENUE be worth now?

3 RANWORTH AVENUE might now be worth an estimated £350,567.

This is based on house price inflation of 18.8%, between July 2018 and July 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 18.8% inflationary increase is applied to the most recent sale price for 3 RANWORTH AVENUE of £295,000 on 6th July 2018. For the value to have increased from £295,000 to £350,567 over the seven years to July 2025, the following assumptions must hold true:

• The value of 3 RANWORTH AVENUE has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The July 2018 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RANWORTH AVENUE has not materially changed since July 2018.

How Large is 3 RANWORTH AVENUE?

3 RANWORTH AVENUE is 136m², which includes two extensions, according to the EPC inspection conducted in November 2010. This puts it in the largest 20% 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 3 RANWORTH AVENUE lies on this distribution: 82% of detached houses houses are smaller than 3 RANWORTH AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

3 RANWORTH AVENUE: Plot and Title Map

3 RANWORTH AVENUE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 3 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 3 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 3 RANWORTH AVENUE?

3 RANWORTH AVENUE is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 3 on RANWORTH AVENUE.