DEVA LODGE, OLNEY ROAD, DEREHAM, NR19 2BZ - £131,000

DEVA LODGE is a very small detached house of 42m², built sometime between 1991 and 1995. It was last sold for £131,000 in August 2018, which was around 56% below the average August 2018 detached price in the Breckland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

DEVA LODGE Sold Prices

Land registry data shows two sales for DEVA LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. Both of the two DEVA 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
2018 15 AUG	£131,000	£298,316	56% below HPI
2014 22 AUG	£77,500	£231,787	67% below HPI

DEVA LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The two DEVA LODGE sales from August 2014 and August 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 August 2014 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the August 2018 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is DEVA LODGE?

DEVA LODGE is 42m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses in Dereham, based on EPC data. The below chart shows the distribution of detached houses by size in Dereham, and where DEVA LODGE lies on this distribution: Less than 1% of detached houses are smaller than DEVA LODGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Dereham.

DEVA LODGE: Plot and Title Map

DEVA LODGE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of DEVA 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 DEVA 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 DEVA LODGE?

DEVA LODGE is located on OLNEY ROAD in DEREHAM, in the NR19 postcode district. The below map shows the position of DEVA LODGE on OLNEY ROAD.