LODGE, CHERRY DRIFT, DEREHAM, NR20 3AT - £290,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LODGE is a detached house, which could now be worth an estimated £408,738. It was last sold for £290,000 in May 2016, which was around 8% above the average May 2016 detached price in the Breckland local authority area.

LODGE Sold Prices

Land registry data shows two sales for 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 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 20 MAY	£290,000	£267,621	8% above HPI
2011 20 MAY	£220,000	£202,246	9% above HPI

What might LODGE be worth now?

LODGE might now be worth an estimated £408,738.

This is based on house price inflation of 40.9%, between May 2016 and May 2026, for detached houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.9% inflationary increase is applied to the most recent sale price for LODGE of £290,000 on 20th May 2016. For the value to have increased from £290,000 to £408,738 over the ten years to May 2026, the following assumptions must hold true:

• The value of LODGE has moved in line with the HPI for detached houses in the Breckland local authority area.
• The May 2016 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of LODGE has not materially changed since May 2016.

Where is LODGE?

LODGE is located on CHERRY DRIFT in DEREHAM, in the NR20 postcode district.