ANCHOR LODGE, LOVERS LANE, LUDHAM, GREAT YARMOUTH, NR29 5PE - £290,000

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

ANCHOR LODGE is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £290,000 in December 2013, which was around 16% above the average December 2013 detached price in the North Norfolk local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

ANCHOR LODGE Sold Prices

Land registry data shows two sales for ANCHOR LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two ANCHOR LODGE 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
2013 11 DEC	£290,000	£249,097	16% above HPI
1997 1 MAY	£114,000	£71,622	59% above HPI

ANCHOR LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two ANCHOR LODGE sales from May 1997 and December 2013 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 1997 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the December 2013 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is ANCHOR LODGE?

ANCHOR LODGE is 139m², which includes two extensions, according to the EPC inspection conducted in December 2011. This puts it in the largest 30% of detached houses in Ludham, based on EPC data. The below chart shows the distribution of detached houses by size in Ludham, and where ANCHOR LODGE lies on this distribution: 77% of detached houses are smaller than ANCHOR LODGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ludham.

ANCHOR LODGE: Plot and Title Map

ANCHOR LODGE sits on a plot of roughly 0.381 of an acre, or 1,541m². The below map shows the location of ANCHOR LODGE, 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 ANCHOR LODGE). 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 ANCHOR LODGE?

ANCHOR LODGE is located on LOVERS LANE in LUDHAM, in the NR29 postcode district. The below map shows the position of ANCHOR LODGE on LOVERS LANE.