1, LODGE PLACE, NORWICH, NR7 0LA - £360,000

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

1 LODGE PLACE is a large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £360,000 in February 2014, which was around 43% above the average February 2014 detached price in the Broadland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

1 LODGE PLACE Sold Prices

Land registry data shows five sales for 1 LODGE PLACE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the five 1 LODGE PLACE 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
2014 4 FEB	£360,000	£252,023	43% above HPI
2006 3 FEB	£317,000	£221,028	43% above HPI
2000 30 JUN	£196,000	£106,661	84% above HPI
1999 8 JUL	£145,000	£91,667	58% above HPI
1996 4 JAN	£103,500	£70,077	48% above HPI

1 LODGE PLACE 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 five 1 LODGE PLACE sales between January 1996 and February 2014 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 February 2006 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2014 sale, which was also at 43% above the HPI.

How Large is 1 LODGE PLACE?

1 LODGE PLACE is 140m² according to the EPC inspection conducted in October 2013. This puts it in the largest 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 1 LODGE PLACE lies on this distribution: 75% of detached houses are smaller than 1 LODGE PLACE, and 24% of houses are larger. Note that EPC data is not available for all properties in Norwich.

1 LODGE PLACE: Plot and Title Map

1 LODGE PLACE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 1 LODGE PLACE, 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 1 LODGE PLACE). 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 1 LODGE PLACE?

1 LODGE PLACE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 1 on LODGE PLACE.