ELM LODGE, KINGS MEADOW LANE, HIGHAM FERRERS, RUSHDEN, NN10 8JE - £70,000

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

ELM LODGE is a small extended detached house of 110m², built sometime between 1950 and 1966. It was last sold for £70,000 in January 1997, which was around 2% below the average January 1997 detached price in the North Northamptonshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was C.

ELM LODGE Sold Prices

Land registry data shows three sales for ELM 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 North Northamptonshire local authority area for the corresponding sale date. All of the three ELM 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
1997 31 JAN	£70,000	£71,397	2% below HPI
1996 19 JUL	£60,000	£68,085	12% below HPI
1995 27 NOV	£59,500	£67,924	12% below HPI

ELM LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Northamptonshire local authority area over time, sourced from the HPI. The three ELM LODGE sales between November 1995 and January 1997 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 July 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 1997 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is ELM LODGE?

ELM LODGE is 110m², which includes three extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Higham Ferrers, based on EPC data. The below chart shows the distribution of detached houses by size in Higham Ferrers, and where ELM LODGE lies on this distribution: 36% of detached houses are smaller than ELM LODGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Higham Ferrers.

ELM LODGE: Plot and Title Map

ELM LODGE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of ELM 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 ELM 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 ELM LODGE?

ELM LODGE is located on KINGS MEADOW LANE in HIGHAM FERRERS, in the NN10 postcode district. The below map shows the position of ELM LODGE on KINGS MEADOW LANE.