ELRICK LODGE, THE STREET, METFIELD, HARLESTON, IP20 0LB - £420,000

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

ELRICK LODGE is a large extended detached house of 168m², built sometime between 1983 and 1990. It was last sold for £420,000 in January 2014, which was around 52% above the average January 2014 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

ELRICK LODGE Sold Prices

Land registry data shows three sales for ELRICK 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 Mid Suffolk local authority area for the corresponding sale date. All of the three ELRICK LODGE sales were 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
2014 21 JAN	£420,000	£275,529	52% above HPI
2003 13 NOV	£315,000	£210,407	50% above HPI
1996 30 SEP	£135,000	£80,138	68% above HPI

ELRICK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three ELRICK LODGE sales between September 1996 and January 2014 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 November 2003 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2014 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is ELRICK LODGE?

ELRICK LODGE is 168m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 40% of detached houses in Metfield, based on EPC data. The below chart shows the distribution of detached houses by size in Metfield, and where ELRICK LODGE lies on this distribution: 63% of detached houses are smaller than ELRICK LODGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Metfield.

ELRICK LODGE: Plot and Title Map

ELRICK LODGE sits on a plot of roughly 0.341 of an acre, or 1,379m². The below map shows the location of ELRICK 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 ELRICK 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 ELRICK LODGE?

ELRICK LODGE is located on THE STREET in METFIELD, in the IP20 postcode district. The below map shows the position of ELRICK LODGE on THE STREET.