SCHOOL LODGE, LADY HAMILTON LANE, SCRATBY, GREAT YARMOUTH, NR29 3NB - £220,000

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

SCHOOL LODGE is a large extended detached house of 114m², built sometime between 1900 and 1929. It was last sold for £220,000 in September 2013, which was around 14% above the average September 2013 detached price in the Great Yarmouth local authority area. The most recent EPC inspection was June 2009, where the current energy rating was F, and the potential energy rating was F.

SCHOOL LODGE Sold Prices

Land registry data shows four sales for SCHOOL 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 Great Yarmouth local authority area for the corresponding sale date. All of the four SCHOOL 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 30 SEP	£220,000	£193,225	14% above HPI
2010 6 JUL	£235,000	£187,317	25% above HPI
2006 24 NOV	£214,000	£194,572	10% above HPI
2003 31 OCT	£195,000	£153,594	27% above HPI

SCHOOL LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Great Yarmouth local authority area over time, sourced from the HPI. The four SCHOOL LODGE sales between October 2003 and September 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 2010 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2013 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is SCHOOL LODGE?

SCHOOL LODGE is 114m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 40% of detached houses in Scratby, based on EPC data. The below chart shows the distribution of detached houses by size in Scratby, and where SCHOOL LODGE lies on this distribution: 66% of detached houses are smaller than SCHOOL LODGE, and 34% of houses are larger. Note that EPC data is not available for all properties in Scratby.

SCHOOL LODGE: Plot and Title Map

SCHOOL LODGE sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of SCHOOL 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 SCHOOL 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 SCHOOL LODGE?

SCHOOL LODGE is located on LADY HAMILTON LANE in SCRATBY, in the NR29 postcode district. The below map shows the position of SCHOOL LODGE on LADY HAMILTON LANE.