32, ROMANY ROAD, LOWESTOFT, NR32 3PJ - £700,000

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

32 ROMANY ROAD is a very large extended detached house of 275m², built sometime between 1967 and 1975. It was last sold for £700,000 in October 2022, which was around 59% above the average October 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

32 ROMANY ROAD Sold Prices

Land registry data shows three sales for 32 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 32 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
2022 18 OCT	£700,000	£439,903	59% above HPI
2012 13 AUG	£346,000	£248,594	39% above HPI
2003 10 OCT	£249,950	£197,051	27% above HPI

32 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 32 ROMANY ROAD sales between October 2003 and October 2022 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 August 2012 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2022 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 32 ROMANY ROAD?

32 ROMANY ROAD is 275m², which includes three extensions, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 32 ROMANY ROAD lies on this distribution: 99% of detached houses are smaller than 32 ROMANY ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

32 ROMANY ROAD: Plot and Title Map

32 ROMANY ROAD sits on a plot of roughly 0.231 of an acre, or 933m². The below map shows the location of 32 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 32 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 32 ROMANY ROAD?

32 ROMANY ROAD is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 32 on ROMANY ROAD.