CEDAR LODGE, MEADOW DRIVE, HOVETON, NORWICH, NR12 8UN - £642,500

CEDAR LODGE is a midsized detached house of 105m², built sometime between 1983 and 1990. It was last sold for £642,500 in November 2016, which was around 108% above the average November 2016 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

CEDAR LODGE Sold Prices

Land registry data shows three sales for CEDAR 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 CEDAR 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
2016 18 NOV	£642,500	£309,009	108% above HPI
2010 22 JUN	£499,000	£247,156	102% above HPI
1997 15 JUL	£206,000	£73,957	179% above HPI

CEDAR 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 CEDAR LODGE sales between July 1997 and November 2016 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 June 2010 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the November 2016 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is CEDAR LODGE?

CEDAR LODGE is 105m² according to the EPC inspection conducted in March 2010. This puts it in the largest 50% of detached houses in Hoveton, based on EPC data. The below chart shows the distribution of detached houses by size in Hoveton, and where CEDAR LODGE lies on this distribution: 49% of detached houses are smaller than CEDAR LODGE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hoveton.

CEDAR LODGE: Plot and Title Map

CEDAR LODGE sits on a plot of roughly 0.231 of an acre, or 934m². The below map shows the location of CEDAR 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 CEDAR 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 CEDAR LODGE?

CEDAR LODGE is located on MEADOW DRIVE in HOVETON, in the NR12 postcode district. The below map shows the position of CEDAR LODGE on MEADOW DRIVE.