HOLLY LODGE NORTH, CROMER LANE, WRETTON, KING'S LYNN, PE33 9QX - £870,000

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 NORTH is a very large extended detached house of 384m², built sometime between 1900 and 1929, which could now be worth an estimated £1,051,406. It was last sold for £870,000 in July 2019, which was around 189% above the average July 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

HOLLY LODGE NORTH Sold Prices

Land registry data shows two sales for HOLLY LODGE NORTH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. Both of the two HOLLY LODGE NORTH 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
2019 2 JUL	£870,000	£300,951	189% above HPI
1999 22 OCT	£135,000	£87,754	54% above HPI

HOLLY LODGE NORTH Price Paid vs. HPI Average

The below graph shows the average detached house price in the King's Lynn and West Norfolk local authority area over time, sourced from the HPI. The two HOLLY LODGE NORTH sales from October 1999 and July 2019 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 October 1999 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2019 sale, where it rises to 189% above the HPI. The line then continues to track at 189% above the HPI.

What might HOLLY LODGE NORTH be worth now?

HOLLY LODGE NORTH might now be worth an estimated £1,051,406.

This is based on house price inflation of 20.9%, between July 2019 and March 2025, for detached houses, in the King's Lynn and West Norfolk local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.9% inflationary increase is applied to the most recent sale price for HOLLY LODGE NORTH of £870,000 on 2nd July 2019. For the value to have increased from £870,000 to £1,051,406 over the six years and four months to March 2025, the following assumptions must hold true:

• The value of HOLLY LODGE NORTH has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The July 2019 sale price of £870,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY LODGE NORTH has not materially changed since July 2019.

How Large is HOLLY LODGE NORTH?

HOLLY LODGE NORTH is 384m², which includes four extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of detached houses houses in Wretton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wretton, and where HOLLY LODGE NORTH lies on this distribution: More than 99% of detached houses houses are smaller than HOLLY LODGE NORTH, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wretton.

HOLLY LODGE NORTH: Plot and Title Map

HOLLY LODGE NORTH sits on a plot of roughly 2.9 acres, or 11,719m². The below map shows the location of HOLLY LODGE NORTH, 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 NORTH). 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 NORTH?

HOLLY LODGE NORTH is located on CROMER LANE in WRETTON, in the PE33 postcode district. The below map shows the position of HOLLY LODGE NORTH on CROMER LANE.