HOLLY LODGE, MILL HILL, BRAMERTON, NORWICH, NR14 7EN - £450,000

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.

HOLLY LODGE is a very small extended detached house of 69m², built sometime before 1900, which could now be worth an estimated £474,972. It was last sold for £450,000 in June 2022, which was around 8% above the average June 2022 detached price in the South Norfolk local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

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 South Norfolk local authority area for the corresponding sale date. Two of the three HOLLY LODGE sales were for above the average price, whilst one was 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
2022 17 JUN	£450,000	£416,957	8% above HPI
2014 15 AUG	£180,000	£278,381	35% below HPI
2000 14 APR	£142,000	£110,714	28% above HPI

HOLLY 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 three HOLLY LODGE sales between April 2000 and June 2022 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 August 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might HOLLY LODGE be worth now?

HOLLY LODGE might now be worth an estimated £474,972.

This is based on house price inflation of 5.5%, between June 2022 and February 2025, for detached houses, in the South Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.5% inflationary increase is applied to the most recent sale price for HOLLY LODGE of £450,000 on 17th June 2022. For the value to have increased from £450,000 to £474,972 over the three years and four months 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 South Norfolk local authority area.
• The June 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY LODGE has not materially changed since June 2022.

How Large is HOLLY LODGE?

HOLLY LODGE is 69m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses houses in Bramerton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bramerton, and where HOLLY LODGE lies on this distribution: 4% of detached houses houses are smaller than HOLLY LODGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bramerton.

HOLLY LODGE: Plot and Title Map

HOLLY LODGE sits on a plot of roughly 0.170 of an acre, or 688m². 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 MILL HILL in BRAMERTON, in the NR14 postcode district. The below map shows the position of HOLLY LODGE on MILL HILL.