POPLAR LODGE, KIMBERLEY ROAD, BACTON, NORWICH, NR12 0EN - £225,000

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

POPLAR LODGE is a very small detached house of 53m², built sometime between 2003 and 2006. It was last sold for £225,000 in July 2023, which was around 49% below the average July 2023 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

POPLAR LODGE Sold Prices

Land registry data shows five sales for POPLAR LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. All of the five POPLAR 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
2023 6 JUL	£225,000	£442,761	49% below HPI
2012 30 JUL	£112,000	£227,078	51% below HPI
2006 1 NOV	£60,000	£232,229	74% below HPI
2006 30 MAY	£58,000	£227,606	75% below HPI
2000 20 SEP	£93,000	£109,576	15% below HPI

POPLAR LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The five POPLAR LODGE sales between September 2000 and July 2023 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 2012 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the July 2023 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is POPLAR LODGE?

POPLAR LODGE is 53m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Bacton, based on EPC data. The below chart shows the distribution of detached houses by size in Bacton, and where POPLAR LODGE lies on this distribution: 2% of detached houses are smaller than POPLAR LODGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bacton.

POPLAR LODGE: Plot and Title Map

POPLAR LODGE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of POPLAR 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 POPLAR 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 POPLAR LODGE?

POPLAR LODGE is located on KIMBERLEY ROAD in BACTON, in the NR12 postcode district. The below map shows the position of POPLAR LODGE on KIMBERLEY ROAD.