DRAKE LODGE, UPPER STREET, FLEET, GU51 3PF - £421,000

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

DRAKE LODGE is a large detached house of 148m², built sometime between 1996 and 2002. It was last sold for £421,000 in October 2010, which was around 7% below the average October 2010 detached price in the Hart local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

DRAKE LODGE Sold Prices

Land registry data shows two sales for DRAKE LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hart local authority area for the corresponding sale date. Both of the two DRAKE 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
2010 22 OCT	£421,000	£450,855	7% below HPI
2003 11 FEB	£320,000	£336,557	5% below HPI

DRAKE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hart local authority area over time, sourced from the HPI. The two DRAKE LODGE sales from February 2003 and October 2010 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 February 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2010 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is DRAKE LODGE?

DRAKE LODGE is 148m² according to the EPC inspection conducted in July 2010. This puts it in the largest 40% of detached houses in Fleet, based on EPC data. The below chart shows the distribution of detached houses by size in Fleet, and where DRAKE LODGE lies on this distribution: 64% of detached houses are smaller than DRAKE LODGE, and 36% of houses are larger. Note that EPC data is not available for all properties in Fleet.

DRAKE LODGE: Plot and Title Map

DRAKE LODGE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of DRAKE 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 DRAKE 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 DRAKE LODGE?

DRAKE LODGE is located on UPPER STREET in FLEET, in the GU51 postcode district. The below map shows the position of DRAKE LODGE on UPPER STREET.