MEADOW LODGE, CHURCH ROAD, WEST DEREHAM, KING'S LYNN, PE33 9RF - £285,000

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.

MEADOW LODGE is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £348,903. It was last sold for £285,000 in June 2019, which was around 5% below the average June 2019 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

MEADOW LODGE Sold Prices

Land registry data shows four sales for MEADOW 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 King's Lynn and West Norfolk local authority area for the corresponding sale date. Two of the four MEADOW LODGE sales were for below the average price, whilst one was 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 10 JUN	£285,000	£299,554	5% below HPI
2016 17 JUN	£235,000	£257,416	9% below HPI
2012 21 JUN	£230,000	£208,812	10% above HPI
2008 19 DEC	£200,000	£200,327	Close to HPI

MEADOW 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 four MEADOW LODGE sales between December 2008 and June 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 June 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might MEADOW LODGE be worth now?

MEADOW LODGE might now be worth an estimated £348,903.

This is based on house price inflation of 22.4%, between June 2019 and February 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 22.4% inflationary increase is applied to the most recent sale price for MEADOW LODGE of £285,000 on 10th June 2019. For the value to have increased from £285,000 to £348,903 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of MEADOW LODGE has moved in line with the HPI for detached houses in the King's Lynn and West Norfolk local authority area.
• The June 2019 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of MEADOW LODGE has not materially changed since June 2019.

How Large is MEADOW LODGE?

MEADOW LODGE is 101m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 20% of detached houses houses in West Dereham, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Dereham, and where MEADOW LODGE lies on this distribution: 20% of detached houses houses are smaller than MEADOW LODGE, and 80% of houses are larger. Note that EPC data is not available for all properties in West Dereham.

MEADOW LODGE: Plot and Title Map

MEADOW LODGE sits on a plot of roughly 0.219 of an acre, or 887m². The below map shows the location of MEADOW 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 MEADOW 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 MEADOW LODGE?

MEADOW LODGE is located on CHURCH ROAD in WEST DEREHAM, in the PE33 postcode district. The below map shows the position of MEADOW LODGE on CHURCH ROAD.