LOCHAN LODGE, WASHWAY ROAD, HOLBEACH, SPALDING, PE12 8BT - £388,000

LOCHAN LODGE is a very large extended detached house of 170m², built sometime between 1983 and 1990. It was last sold for £388,000 in July 2020, which was around 68% above the average July 2020 detached price in the South Holland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

LOCHAN LODGE Sold Prices

Land registry data shows three sales for LOCHAN LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Holland local authority area for the corresponding sale date. All of the three LOCHAN 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
2020 23 JUL	£388,000	£230,790	68% above HPI
2015 14 AUG	£235,000	£196,924	19% above HPI
2000 7 JAN	£120,000	£72,136	66% above HPI

LOCHAN LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Holland local authority area over time, sourced from the HPI. The three LOCHAN LODGE sales between January 2000 and July 2020 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 2015 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2020 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is LOCHAN LODGE?

LOCHAN LODGE is 170m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% of detached houses in Holbeach, based on EPC data. The below chart shows the distribution of detached houses by size in Holbeach, and where LOCHAN LODGE lies on this distribution: 92% of detached houses are smaller than LOCHAN LODGE, and 8% of houses are larger. Note that EPC data is not available for all properties in Holbeach.

LOCHAN LODGE: Plot and Title Map

LOCHAN LODGE sits on a plot of roughly 0.319 of an acre, or 1,289m². The below map shows the location of LOCHAN 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 LOCHAN 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 LOCHAN LODGE?

LOCHAN LODGE is located on WASHWAY ROAD in HOLBEACH, in the PE12 postcode district. The below map shows the position of LOCHAN LODGE on WASHWAY ROAD.