CHERRY LODGE, ROMAN ROAD, CHILWORTH, SOUTHAMPTON, SO16 7HE - £375,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CHERRY LODGE is a very small extended detached house of 159m², built sometime between 1983 and 1990. It was last sold for £375,000 in August 2018, which was around 26% below the average August 2018 detached price in the Test Valley local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

CHERRY LODGE Sold Prices

Land registry data shows three sales for CHERRY LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Test Valley local authority area for the corresponding sale date. All of the three CHERRY 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
2018 10 AUG	£375,000	£507,132	26% below HPI
2006 3 OCT	£320,000	£342,726	7% below HPI
2003 31 OCT	£250,000	£300,632	17% below HPI

CHERRY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Test Valley local authority area over time, sourced from the HPI. The three CHERRY LODGE sales between October 2003 and August 2018 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 October 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is CHERRY LODGE?

CHERRY LODGE is 159m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Chilworth, based on EPC data. The below chart shows the distribution of detached houses by size in Chilworth, and where CHERRY LODGE lies on this distribution: 10% of detached houses are smaller than CHERRY LODGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chilworth.

CHERRY LODGE: Plot and Title Map

CHERRY LODGE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of CHERRY 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 CHERRY 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 CHERRY LODGE?

CHERRY LODGE is located on ROMAN ROAD in CHILWORTH, in the SO16 postcode district. The below map shows the position of CHERRY LODGE on ROMAN ROAD.