Water Meadow Lodge Neaves Lane

    WATER MEADOW LODGE, NEAVES LANE, STRADBROKE, EYE, IP21 5JE

    This detached freehold property on Neaves Lane last sold in January 2019 for £520,000. Based on price growth in the IP21 district since then, its estimated current value is £642,085 — placing it in the 88th percentile nationally and the 87th percentile within IP21. The property covers 177 m² (1,905 sq ft), giving an estimated value of £3,628 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,905 sq ft

    177 m²

    Last Sale Price

    £520,000

    Jan 2019

    Estimated Valuation

    £642,085

    Est. £/sq ft

    £337/sq ft

    £3,628/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area1,905 sq ft (177 m²)
    EPC dateAug 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    9 Jan 2019

    £520,000

    Key Metrics

    Estimated valuation£642,085
    Value per sq ft / m²£337/sq ft (£3,628/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP21 district percentile87th percentile
    National percentile88th percentile

    District Context — IP21

    IP21 covers the mid-Norfolk area, centred on Dereham and surrounding villages in the heart of the county. It is a characteristically rural neighbourhood with a mixed economy of market towns, agricultural heritage, and commuter appeal to Norwich.

    Average Property Price - IP21

    £380,902

    63

    National percentile

    Average Net Household Income - IP21

    £37,743

    48

    National percentile

    10-Year Annualised Price Growth - IP21

    3.9%

    64

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP21

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