OAK LODGE, BATH ROAD, WEST DEREHAM, KING'S LYNN, PE33 9TP - £295,000

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

OAK LODGE is a large detached house of 159m², built sometime between 1976 and 1982. It was last sold for £295,000 in August 2013, which was around 40% above the average August 2013 detached price in the King's Lynn and West Norfolk local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

OAK LODGE Sold Prices

Land registry data shows three sales for OAK LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the King's Lynn and West Norfolk local authority area for the corresponding sale date. All of the three OAK 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
2013 6 AUG	£295,000	£210,754	40% above HPI
2000 27 JUL	£137,000	£94,190	45% above HPI
1996 4 SEP	£101,000	£63,790	58% above HPI

OAK 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 three OAK LODGE sales between September 1996 and August 2013 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 July 2000 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the August 2013 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is OAK LODGE?

OAK LODGE is 159m² according to the EPC inspection conducted in May 2010. This puts it in the largest 40% 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 OAK LODGE lies on this distribution: 68% of detached houses are smaller than OAK LODGE, and 32% of houses are larger. Note that EPC data is not available for all properties in West Dereham.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.357 of an acre, or 1,445m². The below map shows the location of OAK 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 OAK 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 OAK LODGE?

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