20, LODGE ROAD, BRAINTREE, CM7 1JA - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 LODGE ROAD is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £245,000 in June 2016, which was around 42% below the average June 2016 detached price in the Braintree local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

20 LODGE ROAD Sold Prices

Land registry data shows two sales for 20 LODGE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. Both of the two 20 LODGE ROAD 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
2016 16 JUN	£245,000	£422,386	42% below HPI
1999 20 AUG	£60,000	£126,668	53% below HPI

20 LODGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two 20 LODGE ROAD sales from August 1999 and June 2016 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 1999 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the June 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 20 LODGE ROAD?

20 LODGE ROAD is 82m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses by size in Braintree, and where 20 LODGE ROAD lies on this distribution: 16% of detached houses are smaller than 20 LODGE ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Braintree.

20 LODGE ROAD: Plot and Title Map

20 LODGE ROAD sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 20 LODGE ROAD, 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 20 LODGE ROAD). 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 20 LODGE ROAD?

20 LODGE ROAD is located in BRAINTREE, in the CM7 postcode district. The below map shows the position of No. 20 on LODGE ROAD.