THE LODGE, RECTORY LANE, ASHINGTON, PULBOROUGH, RH20 3LF - £227,000

THE LODGE is a small detached house of 106m², built sometime between 1967 and 1975. It was last sold for £227,000 in December 2003, which was around 32% below the average December 2003 detached price in the Horsham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was E.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Horsham local authority area for the corresponding sale date. All of the four THE LODGE sales were for below 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
2003 15 DEC	£227,000	£336,206	32% below HPI
2001 12 JUL	£163,000	£254,243	36% below HPI
1997 11 JUL	£92,500	£150,540	39% below HPI
1997 28 FEB	£87,500	£134,247	35% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The four THE LODGE sales between February 1997 and December 2003 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 July 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2003 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is THE LODGE?

THE LODGE is 106m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% of detached houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses by size in Ashington, and where THE LODGE lies on this distribution: 24% of detached houses are smaller than THE LODGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ashington.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE is located on RECTORY LANE in ASHINGTON, in the RH20 postcode district. The below map shows the position of THE LODGE on RECTORY LANE.