85, LODGE LANE, NORWICH, NR6 7HQ - £268,000

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

85 LODGE LANE is a midsized extended semi-detached house of 106m², built sometime between 1976 and 1982. It was last sold for £268,000 in February 2021, which was around 26% below the average February 2021 detached price in the Broadland local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

85 LODGE LANE Sold Prices

Land registry data shows four sales for 85 LODGE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the four 85 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
2021 8 FEB	£268,000	£360,151	26% below HPI
2010 25 JUN	£150,000	£237,749	37% below HPI
2000 2 JUN	£76,000	£106,661	29% below HPI
1997 14 MAY	£57,650	£73,522	22% below HPI

85 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 four 85 LODGE LANE sales between May 1997 and February 2021 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 June 2010 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 85 LODGE LANE?

85 LODGE LANE is 106m², which includes one extension, according to the EPC inspection conducted in August 2020. 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 85 LODGE LANE lies on this distribution: 46% of detached houses are smaller than 85 LODGE LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Norwich.

85 LODGE LANE: Plot and Title Map

85 LODGE LANE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 85 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 85 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 85 LODGE LANE?

85 LODGE LANE is located in NORWICH, in the NR6 postcode district. The below map shows the position of No. 85 on LODGE LANE.