LEMAN LODGE, GREEN LANE, KESSINGLAND, LOWESTOFT, NR33 7RH - £470,000

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

LEMAN LODGE is a very large detached house of 174m², built sometime between 1983 and 1990. It was last sold for £470,000 in January 2021, which was around 26% above the average January 2021 detached price in the East Suffolk local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

LEMAN LODGE Sold Prices

Land registry data shows four sales for LEMAN LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the four LEMAN LODGE 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
2021 8 JAN	£470,000	£373,856	26% above HPI
2006 26 MAY	£249,995	£221,098	13% above HPI
2002 19 DEC	£260,000	£175,252	48% above HPI
1995 18 AUG	£95,000	£74,537	27% above HPI

LEMAN LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four LEMAN LODGE sales between August 1995 and January 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 May 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is LEMAN LODGE?

LEMAN LODGE is 174m² according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Kessingland, based on EPC data. The below chart shows the distribution of detached houses by size in Kessingland, and where LEMAN LODGE lies on this distribution: 88% of detached houses are smaller than LEMAN LODGE, and 12% of houses are larger. Note that EPC data is not available for all properties in Kessingland.

LEMAN LODGE: Plot and Title Map

LEMAN LODGE sits on a plot of roughly 0.545 of an acre, or 2,205m². The below map shows the location of LEMAN 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 LEMAN 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 LEMAN LODGE?

LEMAN LODGE is located on GREEN LANE in KESSINGLAND, in the NR33 postcode district. The below map shows the position of LEMAN LODGE on GREEN LANE.