EASTWOOD LODGE, MAIN ROAD, WITHERN, ALFORD, LN13 0LD - £228,000

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

EASTWOOD LODGE is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £228,000 in July 2021, which was around 5% below the average July 2021 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

EASTWOOD LODGE Sold Prices

Land registry data shows two sales for EASTWOOD 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 East Lindsey local authority area for the corresponding sale date. One of the two EASTWOOD LODGE sales was for below the average price, whilst the other was for above 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 16 JUL	£228,000	£239,638	5% below HPI
2011 10 JUN	£185,000	£164,399	13% above HPI

EASTWOOD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two EASTWOOD LODGE sales from June 2011 and July 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 June 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is EASTWOOD LODGE?

EASTWOOD LODGE is 108m² according to the EPC inspection conducted in April 2011. This puts it in the largest 50% of detached houses in Withern, based on EPC data. The below chart shows the distribution of detached houses by size in Withern, and where EASTWOOD LODGE lies on this distribution: 50% of detached houses are smaller than EASTWOOD LODGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Withern.

EASTWOOD LODGE: Plot and Title Map

EASTWOOD LODGE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of EASTWOOD 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 EASTWOOD 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 EASTWOOD LODGE?

EASTWOOD LODGE is located on MAIN ROAD in WITHERN, in the LN13 postcode district. The below map shows the position of EASTWOOD LODGE on MAIN ROAD.