2, LODGE FARM MEADOWS, GRESSENHALL, DEREHAM, NR20 4TN - £440,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 LODGE FARM MEADOWS is a large detached house of 153m², built sometime between 1976 and 1982. It was last sold for £440,000 in June 2017, which was around 53% above the average June 2017 detached price in the Breckland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

2 LODGE FARM MEADOWS Sold Prices

Land registry data shows two sales for 2 LODGE FARM MEADOWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two 2 LODGE FARM MEADOWS 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
2017 13 JUN	£440,000	£287,231	53% above HPI
1999 24 MAY	£148,000	£80,866	83% above HPI

2 LODGE FARM MEADOWS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two 2 LODGE FARM MEADOWS sales from May 1999 and June 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 May 1999 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the June 2017 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 2 LODGE FARM MEADOWS be worth now?

2 LODGE FARM MEADOWS might now be worth an estimated £563,577.

This is based on house price inflation of 28.1%, between June 2017 and December 2024, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 2 LODGE FARM MEADOWS of £440,000 on 13th June 2017. For the value to have increased from £440,000 to £563,577 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 2 LODGE FARM MEADOWS has moved in line with the HPI for detached houses in the Breckland local authority area.
• The June 2017 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LODGE FARM MEADOWS has not materially changed since June 2017.

How Large is 2 LODGE FARM MEADOWS?

2 LODGE FARM MEADOWS is 153m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses houses in Gressenhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gressenhall, and where 2 LODGE FARM MEADOWS lies on this distribution: 73% of detached houses houses are smaller than 2 LODGE FARM MEADOWS, and 27% of houses are larger. Note that EPC data is not available for all properties in Gressenhall.

2 LODGE FARM MEADOWS: Plot and Title Map

2 LODGE FARM MEADOWS sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 2 LODGE FARM MEADOWS, 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 2 LODGE FARM MEADOWS). 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 2 LODGE FARM MEADOWS?

2 LODGE FARM MEADOWS is located in GRESSENHALL, in the NR20 postcode district. The below map shows the position of No. 2 on LODGE FARM MEADOWS.