ROSE LODGE, HIGHLAND ROAD, TAVERHAM, NORWICH, NR8 6QP - £365,000

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.

ROSE LODGE is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £444,021. It was last sold for £365,000 in November 2018, which was around 5% above the average November 2018 detached price in the Broadland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was F, and the potential energy rating was E.

ROSE LODGE Sold Prices

Land registry data shows four sales for ROSE 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 Broadland local authority area for the corresponding sale date. The four ROSE LODGE sales were a mix of above the average price, and roughly equal to 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
2018 15 NOV	£365,000	£348,169	5% above HPI
2012 11 JAN	£306,000	£237,117	29% above HPI
2007 21 FEB	£250,000	£248,914	Close to HPI
2001 24 JAN	£141,000	£118,379	19% above HPI

ROSE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The four ROSE LODGE sales between January 2001 and November 2018 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 January 2012 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might ROSE LODGE be worth now?

ROSE LODGE might now be worth an estimated £444,021.

This is based on house price inflation of 21.6%, between November 2018 and February 2025, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for ROSE LODGE of £365,000 on 15th November 2018. For the value to have increased from £365,000 to £444,021 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of ROSE LODGE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The November 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of ROSE LODGE has not materially changed since November 2018.

How Large is ROSE LODGE?

ROSE LODGE is 120m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the largest 50% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where ROSE LODGE lies on this distribution: 56% of detached houses houses are smaller than ROSE LODGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Taverham.

ROSE LODGE: Plot and Title Map

ROSE LODGE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of ROSE 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 ROSE 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 ROSE LODGE?

ROSE LODGE is located on HIGHLAND ROAD in TAVERHAM, in the NR8 postcode district. The below map shows the position of ROSE LODGE on HIGHLAND ROAD.