Paddock Lodge, Norwich
Paddock Lodge, Norwich
Description & Estimates
Paddock Lodge, Norwich is described in the public record as a modern house with 1,151 ft2 of internal area, sitting on a 438 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Paddock Lodge, Norwich is £305,555 and its rental estimate is £1,295 per month, given the available information and assuming reasonable condition.
Lighthouse Lane, Happisburgh, Norwich, NR12 falls within the NR12 postal district, in the borough of North Norfolk.
Our Data Sources
Paddock Lodge, Norwich has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Paddock Lodge, Norwich, we estimate a market value of £320,833 and a rental value of £1,360 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £284,166 and £1,204 per month respectively.
Recent Market Change
Over the last year, Paddock Lodge, Norwich has seen its estimated sale value move down by £1,218 (0.4%) and its estimated rental value increase by £39 per month (3.0%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for Paddock Lodge, Norwich as measuring 438 m2.
That makes it the 9th largest plot in the postcode, where all 13 other houses have recorded plot data.
Energy Efficiency
Paddock Lodge, Norwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Paddock Lodge, Norwich have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th January 2023, was Bramleys, Lighthouse Lane, Norwich, NR12 0QA, a freehold house which sold for £325,000.
Read more about house prices in NR12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 15 addresses on Lighthouse Lane, Happisburgh, Norwich, NR12, Paddock Lodge, Norwich comes out as the 7th largest and the 5th most expensive in our analysis of the public data.
It is also £43k less expensive than the average property across the NR12 district.
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Schools Nearby
- 300mHappisburgh Church of England Primary Academy
- 3.9kmEast Ruston Infant School & Nursery
- 4.5kmBacton Primary School
- 5.5kmStalham High School
- 9.5kmNorth Walsham High School
- 14.0kmFlegg High Ormiston Academy
More reading links
Public Transport Nearby
From Paddock Lodge, Norwich, the nearest station is Worstead, 10.0 kilometres away.
- 10.0kmWorstead
- 10.0kmNorth Walsham
- 13.4kmGunton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
