HOLLY LODGE, POND LANE, HERMITAGE, THATCHAM, RG18 9RN - £573,000

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

HOLLY LODGE is a very small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £573,000 in February 2019, which was about the average February 2019 detached price in the West Berkshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was E, and the potential energy rating was C.

HOLLY LODGE Sold Prices

Land registry data shows four sales for HOLLY LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the West Berkshire local authority area for the corresponding sale date. The four HOLLY LODGE sales were a mix of roughly equal to the average price, above the average price, and 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
2019 15 FEB	£573,000	£571,591	Close to HPI
2006 19 MAY	£365,000	£358,705	2% above HPI
2003 1 SEP	£305,000	£322,890	6% below HPI
1997 28 FEB	£122,500	£136,262	10% below HPI

HOLLY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Berkshire local authority area over time, sourced from the HPI. The four HOLLY LODGE sales between February 1997 and February 2019 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 May 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is HOLLY LODGE?

HOLLY LODGE is 90m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Hermitage, based on EPC data. The below chart shows the distribution of detached houses by size in Hermitage, and where HOLLY LODGE lies on this distribution: 7% of detached houses are smaller than HOLLY LODGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hermitage.

HOLLY LODGE: Plot and Title Map

HOLLY LODGE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of HOLLY 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 HOLLY 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 HOLLY LODGE?

HOLLY LODGE is located on POND LANE in HERMITAGE, in the RG18 postcode district. The below map shows the position of HOLLY LODGE on POND LANE.