PARK LODGE, HEMPNALL ROAD, WOODTON, BUNGAY, NR35 2LS - £230,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

PARK LODGE is a small extended semi-detached house of 118m², built sometime before 1900. It was last sold for £230,000 in July 2017, which was around 28% below the average July 2017 detached price in the South Norfolk local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was C.

PARK LODGE Sold Prices

Land registry data shows two sales for PARK 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 South Norfolk local authority area for the corresponding sale date. Both of the two PARK LODGE sales were 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
2017 20 JUL	£230,000	£318,977	28% below HPI
2003 21 AUG	£170,000	£191,709	11% below HPI

PARK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Norfolk local authority area over time, sourced from the HPI. The two PARK LODGE sales from August 2003 and July 2017 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 August 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is PARK LODGE?

PARK LODGE is 118m², which includes three extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 40% of detached houses in Woodton, based on EPC data. The below chart shows the distribution of detached houses by size in Woodton, and where PARK LODGE lies on this distribution: 36% of detached houses are smaller than PARK LODGE, and 60% of houses are larger. Note that EPC data is not available for all properties in Woodton.

PARK LODGE: Plot and Title Map

PARK LODGE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of PARK 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 PARK 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 PARK LODGE?

PARK LODGE is located on HEMPNALL ROAD in WOODTON, in the NR35 postcode district. The below map shows the position of PARK LODGE on HEMPNALL ROAD.