43, LODGE LANE, NORWICH, NR6 7HQ - £347,500

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

43 LODGE LANE is a midsized extended detached house of 108m², built sometime between 1950 and 1966. It was last sold for £347,500 in September 2020, which was around 3% below the average September 2020 detached price in the Broadland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

43 LODGE LANE Sold Prices

Land registry data shows three sales for 43 LODGE LANE 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 43 LODGE LANE 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
2020 11 SEP	£347,500	£359,153	3% below HPI
2016 8 JAN	£243,000	£298,964	19% below HPI
2009 23 OCT	£146,000	£223,722	35% below HPI

43 LODGE LANE 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 43 LODGE LANE sales between October 2009 and September 2020 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 January 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 43 LODGE LANE?

43 LODGE LANE is 108m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 43 LODGE LANE lies on this distribution: 49% of detached houses are smaller than 43 LODGE LANE, and 50% of houses are larger. Note that EPC data is not available for all properties in Norwich.

43 LODGE LANE: Plot and Title Map

43 LODGE LANE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 43 LODGE LANE, 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 43 LODGE LANE). 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 43 LODGE LANE?

43 LODGE LANE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 43 on LODGE LANE.