LAVENDER LODGE, LOW ROAD, WRETTON, KING'S LYNN, PE33 9QN - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

LAVENDER LODGE is a very large detached house of 166m², built sometime from 2007 onwards. It was last sold for £315,000 in March 2014, which was around 49% above the average March 2014 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

LAVENDER LODGE Sold Prices

Land registry data shows two sales for LAVENDER LODGE 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. One of the two LAVENDER LODGE sales was for above the average price, whilst the other 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
2014 7 MAR	£315,000	£211,616	49% above HPI
2003 15 JAN	£97,500	£145,445	33% below HPI

LAVENDER LODGE 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 LAVENDER LODGE sales from January 2003 and March 2014 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 January 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2014 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is LAVENDER LODGE?

LAVENDER LODGE is 166m² according to the EPC inspection conducted in July 2013. This puts it in the largest 20% of detached houses in Wretton, based on EPC data. The below chart shows the distribution of detached houses by size in Wretton, and where LAVENDER LODGE lies on this distribution: 81% of detached houses are smaller than LAVENDER LODGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Wretton.

LAVENDER LODGE: Plot and Title Map

LAVENDER LODGE sits on a plot of roughly 0.270 of an acre, or 1,091m². The below map shows the location of LAVENDER 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 LAVENDER 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 LAVENDER LODGE?

LAVENDER LODGE is located on LOW ROAD in WRETTON, in the PE33 postcode district. The below map shows the position of LAVENDER LODGE on LOW ROAD.