Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
56 LODGE ROAD is a midsized extended detached house of 99m², built sometime between 1950 and 1966. It was last sold for £395,000 in January 2022, which was around 15% above the average January 2022 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 56 LODGE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. One of the two 56 LODGE ROAD sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 14 JAN | £395,000 | £342,794 | 15% above HPI |
2020 2 SEP | £160,000 | £302,504 | 47% below HPI |
The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two 56 LODGE ROAD sales from September 2020 and January 2022 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 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
56 LODGE ROAD is 99m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% of detached houses in Feltwell, based on EPC data. The below chart shows the distribution of detached houses by size in Feltwell, and where 56 LODGE ROAD lies on this distribution: 48% of detached houses are smaller than 56 LODGE ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Feltwell.
56 LODGE ROAD sits on a plot of roughly 0.189 of an acre, or 766m². The below map shows the location of 56 LODGE ROAD, 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 56 LODGE ROAD). 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.
56 LODGE ROAD is located in FELTWELL, in the IP26 postcode district. The below map shows the position of No. 56 on LODGE ROAD.