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

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

MEADOW LODGE is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £285,000 in June 2019, which was around 2% 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, and four 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 10 JUN	£285,000	£291,499	2% below HPI
2016 17 JUN	£235,000	£250,494	6% below HPI
2012 21 JUN	£230,000	£203,197	13% above HPI
2008 19 DEC	£200,000	£194,940	3% above 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 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the June 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is MEADOW LODGE?

MEADOW LODGE is 101m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in West Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in West Dereham, and where MEADOW LODGE lies on this distribution: 21% of detached houses are smaller than MEADOW LODGE, and 79% 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.