CAROB LODGE, MEADOW CLOSE, GREAT MOULTON, NORWICH, NR15 2DQ - £350,000

CAROB LODGE is a midsized detached house of 108m², built sometime from 2012 onwards. It was last sold for £350,000 in October 2023, which was around 14% below the average October 2023 detached price in the South Norfolk local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

CAROB LODGE Sold Prices

Land registry data shows four sales for CAROB LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Norfolk local authority area for the corresponding sale date. Most of the four CAROB LODGE 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
2023 10 OCT	£350,000	£407,666	14% below HPI
2023 28 JUL	£370,000	£414,368	11% below HPI
2020 18 SEP	£340,000	£356,891	5% below HPI
2017 12 MAY	£322,000	£313,556	3% above HPI

CAROB LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The four CAROB LODGE sales between May 2017 and October 2023 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 July 2023 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is CAROB LODGE?

CAROB LODGE is 108m² according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Sneath Common, based on EPC data. The below chart shows the distribution of detached houses by size in Sneath Common, and where CAROB LODGE lies on this distribution: 50% of detached houses are smaller than CAROB LODGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Sneath Common.

CAROB LODGE: Plot and Title Map

CAROB LODGE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of CAROB 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 CAROB 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 CAROB LODGE?

CAROB LODGE is located on MEADOW CLOSE in GREAT MOULTON, in the NR15 postcode district. The below map shows the position of CAROB LODGE on MEADOW CLOSE.