BEECH LODGE, POUND LANE, NORWICH, NR7 0UB - £535,000

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

BEECH LODGE is a very large extended detached house of 275m², built sometime between 1900 and 1929. It was last sold for £535,000 in September 2006, which was around 124% above the average September 2006 detached price in the Broadland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

BEECH LODGE Sold Prices

Land registry data shows two sales for BEECH 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 Broadland local authority area for the corresponding sale date. Both of the two BEECH 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
2006 19 SEP	£535,000	£239,325	124% above HPI
2002 23 AUG	£365,000	£167,121	118% above HPI

BEECH LODGE 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 BEECH LODGE sales from August 2002 and September 2006 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 August 2002 sale was for 118% above the HPI. So the extrapolation line tracks at 118% above the HPI over time, until the September 2006 sale, where it rises to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is BEECH LODGE?

BEECH LODGE is 275m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 BEECH LODGE lies on this distribution: 99% of detached houses are smaller than BEECH LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Norwich.

BEECH LODGE: Plot and Title Map

BEECH LODGE sits on a plot of roughly 1.3 acres, or 5,297m². The below map shows the location of BEECH 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 BEECH 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 BEECH LODGE?

BEECH LODGE is located on POUND LANE in NORWICH, in the NR7 postcode district. The below map shows the position of BEECH LODGE on POUND LANE.