8, LODGE PLACE, NORWICH, NR7 0LA - £695,000

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

8 LODGE PLACE is a very large extended detached house of 215m², built sometime between 1983 and 1990. It was last sold for £695,000 in February 2018, which was around 110% above the average February 2018 detached price in the Broadland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

8 LODGE PLACE Sold Prices

Land registry data shows two sales for 8 LODGE PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Both of the two 8 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
2018 28 FEB	£695,000	£330,282	110% above HPI
2011 1 NOV	£500,000	£233,255	114% above HPI

8 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 two 8 LODGE PLACE sales from November 2011 and February 2018 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 November 2011 sale was for 114% above the HPI. So the extrapolation line tracks at 114% above the HPI over time, until the February 2018 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is 8 LODGE PLACE?

8 LODGE PLACE is 215m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses in Norwich, based on EPC data. The below chart shows the distribution of detached houses by size in Norwich, and where 8 LODGE PLACE lies on this distribution: 96% of detached houses are smaller than 8 LODGE PLACE, and 4% of houses are larger. Note that EPC data is not available for all properties in Norwich.

8 LODGE PLACE: Plot and Title Map

8 LODGE PLACE sits on a plot of roughly 0.518 of an acre, or 2,096m². The below map shows the location of 8 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 8 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 8 LODGE PLACE?

8 LODGE PLACE is located in NORWICH, in the NR7 postcode district. The below map shows the position of No. 8 on LODGE PLACE.