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
48 LODGE ROAD is a small extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £280,000 in December 2022, which was around 9% below the average December 2022 detached price in the Erewash local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 48 LODGE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 48 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 |
---|---|---|---|
2022 5 DEC | £280,000 | £308,873 | 9% below HPI |
2003 14 NOV | £123,000 | £150,056 | 18% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 48 LODGE ROAD sales from November 2003 and December 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 November 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
48 LODGE ROAD is 89m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Long Eaton, based on EPC data. The below chart shows the distribution of detached houses by size in Long Eaton, and where 48 LODGE ROAD lies on this distribution: 31% of detached houses are smaller than 48 LODGE ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Long Eaton.
48 LODGE ROAD sits on a plot of roughly 11.4 acres, or 46,131m². The below map shows the location of 48 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 48 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.
48 LODGE ROAD is located in LONG EATON, in the NG10 postcode district. The below map shows the position of No. 48 on LODGE ROAD.