DORCHESTER LODGE, GREEN LANE WEST, RACKHEATH, NORWICH, NR13 6LT - £320,000

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.

DORCHESTER LODGE is a midsized detached house of 108m², which could now be worth an estimated £371,381. It was last sold for £320,000 in June 2021, which was around 12% below the average June 2021 detached price in the Broadland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

DORCHESTER LODGE Sold Prices

Land registry data shows three sales for DORCHESTER LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three DORCHESTER 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
2021 29 JUN	£320,000	£364,948	12% below HPI
2020 4 DEC	£320,000	£359,812	11% below HPI
2006 13 JAN	£157,500	£222,260	29% below HPI

DORCHESTER 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 three DORCHESTER LODGE sales between January 2006 and June 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 December 2020 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might DORCHESTER LODGE be worth now?

DORCHESTER LODGE might now be worth an estimated £371,381.

This is based on house price inflation of 16.1%, between June 2021 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for DORCHESTER LODGE of £320,000 on 29th June 2021. For the value to have increased from £320,000 to £371,381 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of DORCHESTER LODGE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The June 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of DORCHESTER LODGE has not materially changed since June 2021.

How Large is DORCHESTER LODGE?

DORCHESTER LODGE is 108m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of detached houses houses in Rackheath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rackheath, and where DORCHESTER LODGE lies on this distribution: 45% of detached houses houses are smaller than DORCHESTER LODGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Rackheath.

DORCHESTER LODGE: Plot and Title Map

DORCHESTER LODGE sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of DORCHESTER 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 DORCHESTER 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 DORCHESTER LODGE?

DORCHESTER LODGE is located on GREEN LANE WEST in RACKHEATH, in the NR13 postcode district. The below map shows the position of DORCHESTER LODGE on GREEN LANE WEST.