RENWILL, ARBOR LANE, LOWESTOFT, NR33 7BQ - £280,000

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

RENWILL is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £280,000 in January 2017, which was around 14% below the average January 2017 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

RENWILL Sold Prices

Land registry data shows two sales for RENWILL 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 RENWILL 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
2017 27 JAN	£280,000	£326,222	14% below HPI
2000 10 NOV	£35,000	£118,522	70% below HPI

RENWILL 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 RENWILL sales from November 2000 and January 2017 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 November 2000 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the January 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is RENWILL?

RENWILL is 123m² according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where RENWILL lies on this distribution: 74% of detached houses are smaller than RENWILL, and 25% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

RENWILL: Plot and Title Map

RENWILL sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of RENWILL, 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 RENWILL). 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 RENWILL?

RENWILL is located on ARBOR LANE in LOWESTOFT, in the NR33 postcode district. The below map shows the position of RENWILL on ARBOR LANE.