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
IRIDGE LODGE is a midsized extended detached house of 104m², built sometime between 1900 and 1929. It was last sold for £372,000 in March 2021, which was around 25% below the average March 2021 detached price in the Rother local authority area. The most recent EPC inspection was August 2020, where the current energy rating was F, and the potential energy rating was B.
Land registry data shows two sales for IRIDGE LODGE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rother local authority area for the corresponding sale date. Both of the two IRIDGE 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 24 MAR | £372,000 | £498,741 | 25% below HPI |
2020 11 NOV | £375,000 | £488,366 | 23% below HPI |
The below graph shows the average detached house price in the Rother local authority area over time, sourced from the HPI. The two IRIDGE LODGE sales from November 2020 and March 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 November 2020 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
IRIDGE LODGE is 104m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses in Hurst Green, based on EPC data. The below chart shows the distribution of detached houses by size in Hurst Green, and where IRIDGE LODGE lies on this distribution: 42% of detached houses are smaller than IRIDGE LODGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hurst Green.
IRIDGE LODGE sits on a plot of roughly 0.261 of an acre, or 1,058m². The below map shows the location of IRIDGE 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 IRIDGE 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.
IRIDGE LODGE is located on LONDON ROAD in HURST GREEN, in the TN19 postcode district. The below map shows the position of IRIDGE LODGE on LONDON ROAD.