48, LODGE FARM DRIVE, NORWICH, NR6 7LP - £164,000

48 LODGE FARM DRIVE is a small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £164,000 in January 2011, which was around 29% below the average January 2011 detached price in the Broadland local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

48 LODGE FARM DRIVE Sold Prices

Land registry data shows three sales for 48 LODGE FARM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 48 LODGE FARM DRIVE 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
2011 7 JAN	£164,000	£230,895	29% below HPI
2004 1 DEC	£163,000	£217,258	25% below HPI
2002 13 SEP	£117,325	£171,935	32% below HPI

48 LODGE FARM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 48 LODGE FARM DRIVE sales between September 2002 and January 2011 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 December 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2011 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 48 LODGE FARM DRIVE?

48 LODGE FARM DRIVE is 86m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 48 LODGE FARM DRIVE lies on this distribution: 24% of detached houses are smaller than 48 LODGE FARM DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Norwich.

48 LODGE FARM DRIVE: Plot and Title Map

48 LODGE FARM DRIVE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 48 LODGE FARM DRIVE, 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 48 LODGE FARM DRIVE). 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 48 LODGE FARM DRIVE?

48 LODGE FARM DRIVE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 48 on LODGE FARM DRIVE.