SAVANA LODGE, THE CLOSE, NORTH WALSHAM, NR28 9HS - £365,000

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

SAVANA LODGE is a very large extended detached house of 142m², built sometime between 1983 and 1990. It was last sold for £365,000 in July 2017, which was around 13% above the average July 2017 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

SAVANA LODGE Sold Prices

Land registry data shows three sales for SAVANA 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 North Norfolk local authority area for the corresponding sale date. All of the three SAVANA 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
2017 19 JUL	£365,000	£323,280	13% above HPI
2007 24 APR	£275,000	£233,858	18% above HPI
1995 27 MAR	£100,000	£71,484	40% above HPI

SAVANA 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 three SAVANA LODGE sales between March 1995 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 April 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the July 2017 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is SAVANA LODGE?

SAVANA LODGE is 142m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 20% of detached houses in North Walsham, based on EPC data. The below chart shows the distribution of detached houses by size in North Walsham, and where SAVANA LODGE lies on this distribution: 87% of detached houses are smaller than SAVANA LODGE, and 13% of houses are larger. Note that EPC data is not available for all properties in North Walsham.

SAVANA LODGE: Plot and Title Map

SAVANA LODGE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of SAVANA 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 SAVANA 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 SAVANA LODGE?

SAVANA LODGE is located on THE CLOSE in NORTH WALSHAM, in the NR28 postcode district. The below map shows the position of SAVANA LODGE on THE CLOSE.