BERWICK LODGE, STONDON ROAD, ONGAR, CM5 9BU - £1,000,000

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

BERWICK LODGE is a large extended detached house of 171m², built sometime between 1930 and 1949. It was last sold for £1,000,000 in November 2023, which was around 5% above the average November 2023 detached price in the Epping Forest local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

BERWICK LODGE Sold Prices

Land registry data shows four sales for BERWICK 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 Epping Forest local authority area for the corresponding sale date. two of the four BERWICK LODGE sales were for above the average price, and four 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
2023 3 NOV	£1,000,000	£954,275	5% above HPI
2017 16 MAR	£795,000	£850,222	6% below HPI
2004 12 MAY	£475,000	£443,440	7% above HPI
1998 7 APR	£190,000	£212,196	10% below HPI

BERWICK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The four BERWICK LODGE sales between April 1998 and November 2023 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 March 2017 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is BERWICK LODGE?

BERWICK LODGE is 171m², which includes four extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses in Chipping Ongar, based on EPC data. The below chart shows the distribution of detached houses by size in Chipping Ongar, and where BERWICK LODGE lies on this distribution: 80% of detached houses are smaller than BERWICK LODGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Chipping Ongar.

BERWICK LODGE: Plot and Title Map

BERWICK LODGE sits on a plot of roughly 0.304 of an acre, or 1,232m². The below map shows the location of BERWICK 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 BERWICK 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 BERWICK LODGE?

BERWICK LODGE is located on STONDON ROAD in ONGAR, in the CM5 postcode district. The below map shows the position of BERWICK LODGE on STONDON ROAD.