EAST LODGE, HOME FARM, BELFORD, NE70 7EY - £250,000

EAST LODGE is a very small extended detached house of 67m², built sometime between 1900 and 1929. It was last sold for £250,000 in September 2021, which was around 14% below the average September 2021 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was F, and the potential energy rating was C.

EAST LODGE Sold Prices

Land registry data shows three sales for EAST 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 Northumberland local authority area for the corresponding sale date. All of the three EAST 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
2021 21 SEP	£250,000	£290,345	14% below HPI
2014 7 APR	£165,000	£230,749	28% below HPI
2010 11 MAY	£125,000	£247,717	50% below HPI

EAST LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The three EAST LODGE sales between May 2010 and September 2021 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 April 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is EAST LODGE?

EAST LODGE is 67m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Belford, based on EPC data. The below chart shows the distribution of detached houses by size in Belford, and where EAST LODGE lies on this distribution: 5% of detached houses are smaller than EAST LODGE, and 95% of houses are larger. Note that EPC data is not available for all properties in Belford.

EAST LODGE: Plot and Title Map

EAST LODGE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of EAST 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 EAST 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 EAST LODGE?

EAST LODGE, HOME FARM is located in BELFORD, in the NE70 postcode district. The below map shows the position of EAST LODGE, HOME FARM in BELFORD.