CHESTNUT LODGE, THE STREET, BEESTON, KING'S LYNN, PE32 2NF - £312,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CHESTNUT LODGE is a midsized detached house of 142m², which could now be worth an estimated £386,538. It was last sold for £312,500 in February 2020, which was around 4% above the average February 2020 detached price in the Breckland local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

CHESTNUT LODGE Sold Prices

Land registry data shows two sales for CHESTNUT 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 Breckland local authority area for the corresponding sale date. Both of the two CHESTNUT 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
2020 28 FEB	£312,500	£299,477	4% above HPI
2016 29 MAR	£270,000	£260,561	4% above HPI

CHESTNUT LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two CHESTNUT LODGE sales from March 2016 and February 2020 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 March 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2020 sale, which was also at 4% above the HPI.

What might CHESTNUT LODGE be worth now?

CHESTNUT LODGE might now be worth an estimated £386,538.

This is based on house price inflation of 23.7%, between February 2020 and February 2025, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for CHESTNUT LODGE of £312,500 on 28th February 2020. For the value to have increased from £312,500 to £386,538 over the five years to February 2025, the following assumptions must hold true:

• The value of CHESTNUT LODGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2020 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of CHESTNUT LODGE has not materially changed since February 2020.

How Large is CHESTNUT LODGE?

CHESTNUT LODGE is 142m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beeston, and where CHESTNUT LODGE lies on this distribution: 44% of detached houses houses are smaller than CHESTNUT LODGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Beeston.

CHESTNUT LODGE: Plot and Title Map

CHESTNUT LODGE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of CHESTNUT 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 CHESTNUT 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 CHESTNUT LODGE?

CHESTNUT LODGE is located on THE STREET in BEESTON, in the PE32 postcode district. The below map shows the position of CHESTNUT LODGE on THE STREET.