3, OLD LODGE CLOSE, GODALMING, GU7 2LA - £675,000

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

3 OLD LODGE CLOSE is a small extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £675,000 in February 2022, which was around 19% below the average February 2022 detached price in the Waverley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

3 OLD LODGE CLOSE Sold Prices

Land registry data shows four sales for 3 OLD LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the four 3 OLD LODGE CLOSE 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
2022 17 FEB	£675,000	£837,598	19% below HPI
2018 13 JUN	£575,000	£754,259	24% below HPI
2010 4 AUG	£390,000	£529,333	26% below HPI
1998 7 JAN	£144,000	£201,178	28% below HPI

3 OLD LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The four 3 OLD LODGE CLOSE sales between January 1998 and February 2022 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 June 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 OLD LODGE CLOSE?

3 OLD LODGE CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Godalming, based on EPC data. The below chart shows the distribution of detached houses by size in Godalming, and where 3 OLD LODGE CLOSE lies on this distribution: 35% of detached houses are smaller than 3 OLD LODGE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Godalming.

3 OLD LODGE CLOSE: Plot and Title Map

3 OLD LODGE CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 OLD LODGE CLOSE, 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 3 OLD LODGE CLOSE). 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 3 OLD LODGE CLOSE?

3 OLD LODGE CLOSE is located in GODALMING, in the GU7 postcode district. The below map shows the position of No. 3 on OLD LODGE CLOSE.