HOLLY LODGE, COMMERCIAL ROAD, DEREHAM, NR19 1AE - £337,500

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.

HOLLY LODGE is a large extended detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £348,168. It was last sold for £337,500 in February 2024, which was around 6% below the average February 2024 detached price in the Breckland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

HOLLY LODGE Sold Prices

Land registry data shows three sales for HOLLY 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 Breckland local authority area for the corresponding sale date. One of the three HOLLY LODGE sales was for below the average price, whilst two 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
2024 23 FEB	£337,500	£359,080	6% below HPI
2007 13 SEP	£270,000	£238,858	13% above HPI
2000 19 JUN	£138,000	£100,551	37% above HPI

HOLLY 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 three HOLLY LODGE sales between June 2000 and February 2024 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 September 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might HOLLY LODGE be worth now?

HOLLY LODGE might now be worth an estimated £348,168.

This is based on house price inflation of 3.2%, between February 2024 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 3.2% inflationary increase is applied to the most recent sale price for HOLLY LODGE of £337,500 on 23rd February 2024. For the value to have increased from £337,500 to £348,168 over the one year to February 2025, the following assumptions must hold true:

• The value of HOLLY LODGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The February 2024 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of HOLLY LODGE has not materially changed since February 2024.

How Large is HOLLY LODGE?

HOLLY LODGE is 132m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Dereham, and where HOLLY LODGE lies on this distribution: 71% of detached houses houses are smaller than HOLLY LODGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Dereham.

HOLLY LODGE: Plot and Title Map

HOLLY LODGE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY LODGE?

HOLLY LODGE is located on COMMERCIAL ROAD in DEREHAM, in the NR19 postcode district. The below map shows the position of HOLLY LODGE on COMMERCIAL ROAD.