8, THE RIDGEWAYS, LOWESTOFT, NR33 9NN - £246,000

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.

8 THE RIDGEWAYS is a large extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £389,526. It was last sold for £246,000 in August 2013, which was around 7% below the average August 2013 detached price in the East Suffolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

8 THE RIDGEWAYS Sold Prices

Land registry data shows two sales for 8 THE RIDGEWAYS 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 8 THE RIDGEWAYS 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
2013 9 AUG	£246,000	£263,248	7% below HPI
2005 2 SEP	£218,000	£229,024	5% below HPI

8 THE RIDGEWAYS 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 8 THE RIDGEWAYS sales from September 2005 and August 2013 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 September 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2013 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 THE RIDGEWAYS be worth now?

8 THE RIDGEWAYS might now be worth an estimated £389,526.

This is based on house price inflation of 58.3%, between August 2013 and June 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 58.3% inflationary increase is applied to the most recent sale price for 8 THE RIDGEWAYS of £246,000 on 9th August 2013. For the value to have increased from £246,000 to £389,526 over the twelve years and two months to June 2025, the following assumptions must hold true:

• The value of 8 THE RIDGEWAYS has moved in line with the HPI for detached houses in the East Suffolk local authority area.
• The August 2013 sale price of £246,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE RIDGEWAYS has not materially changed since August 2013.

How Large is 8 THE RIDGEWAYS?

8 THE RIDGEWAYS is 122m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% 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 8 THE RIDGEWAYS lies on this distribution: 73% of detached houses houses are smaller than 8 THE RIDGEWAYS, and 26% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

8 THE RIDGEWAYS: Plot and Title Map

8 THE RIDGEWAYS sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 8 THE RIDGEWAYS, 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 8 THE RIDGEWAYS). 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 8 THE RIDGEWAYS?

8 THE RIDGEWAYS is located in LOWESTOFT, in the NR33 postcode district. The below map shows the position of No. 8 on THE RIDGEWAYS.