HEATHER LODGE, THE MOOR, REEPHAM, NORWICH, NR10 4NL - £489,000

HEATHER LODGE is a large extended detached house of 149m², built sometime before 1900. It was last sold for £489,000 in September 2018, which was around 46% above the average September 2018 detached price in the Broadland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

HEATHER LODGE Sold Prices

Land registry data shows five sales for HEATHER LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. Most of the five HEATHER 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
2018 10 SEP	£489,000	£335,220	46% above HPI
2013 14 MAR	£245,000	£242,624	1% above HPI
2005 3 JUN	£240,000	£217,076	11% above HPI
1999 21 SEP	£60,000	£92,513	35% below HPI
1999 16 JUL	£60,000	£91,667	35% below HPI

HEATHER 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 five HEATHER LODGE sales between July 1999 and September 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 March 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2018 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is HEATHER LODGE?

HEATHER LODGE is 149m², which includes four extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Reepham, based on EPC data. The below chart shows the distribution of detached houses by size in Reepham, and where HEATHER LODGE lies on this distribution: 79% of detached houses are smaller than HEATHER LODGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Reepham.

HEATHER LODGE: Plot and Title Map

HEATHER LODGE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of HEATHER 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 HEATHER 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 HEATHER LODGE?

HEATHER LODGE is located on THE MOOR in REEPHAM, in the NR10 postcode district. The below map shows the position of HEATHER LODGE on THE MOOR.