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

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

DORCHESTER LODGE is a midsized detached house of 108m². It was last sold for £320,000 in June 2021, which was around 11% 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	£361,326	11% below HPI
2020 4 DEC	£320,000	£356,241	10% below HPI
2006 13 JAN	£157,500	£220,054	28% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

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 in Rackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Rackheath, and where DORCHESTER LODGE lies on this distribution: 46% of detached 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.