CEDAR LODGE, PETT LEVEL ROAD, WINCHELSEA BEACH, WINCHELSEA, TN36 4ND - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

CEDAR LODGE is a large extended detached house of 113m², built sometime between 1950 and 1966, which could now be worth an estimated £423,632. It was last sold for £350,000 in September 2019, which was around 26% below the average September 2019 detached price in the Rother local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

CEDAR LODGE Sold Prices

Land registry data shows five sales for CEDAR LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rother local authority area for the corresponding sale date. All of the five CEDAR 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
2019 13 SEP	£350,000	£469,897	26% below HPI
2014 7 NOV	£250,000	£359,451	30% below HPI
2012 12 JUL	£262,500	£312,278	16% below HPI
2001 3 AUG	£115,000	£186,923	38% below HPI
1998 16 NOV	£63,000	£126,235	50% below HPI

CEDAR LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The five CEDAR LODGE sales between November 1998 and September 2019 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 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2019 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might CEDAR LODGE be worth now?

CEDAR LODGE might now be worth an estimated £423,632.

This is based on house price inflation of 21%, between September 2019 and February 2025, for detached houses, in the Rother local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21% inflationary increase is applied to the most recent sale price for CEDAR LODGE of £350,000 on 13th September 2019. For the value to have increased from £350,000 to £423,632 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of CEDAR LODGE has moved in line with the HPI for detached houses in the Rother local authority area.
• The September 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR LODGE has not materially changed since September 2019.

How Large is CEDAR LODGE?

CEDAR LODGE is 113m², which includes three extensions, according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses houses in Winchelsea Beach, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winchelsea Beach, and where CEDAR LODGE lies on this distribution: 61% of detached houses houses are smaller than CEDAR LODGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Winchelsea Beach.

CEDAR LODGE: Plot and Title Map

CEDAR LODGE sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of CEDAR 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 CEDAR 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 CEDAR LODGE?

CEDAR LODGE is located on PETT LEVEL ROAD in WINCHELSEA BEACH, in the TN36 postcode district. The below map shows the position of CEDAR LODGE on PETT LEVEL ROAD.