LAKESIDE LODGE, RECTORY HILL, WIVENHOE, COLCHESTER, CO7 9LB - £499,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LAKESIDE LODGE is a very large extended detached house of 220m², built sometime between 1930 and 1949, which could now be worth an estimated £757,838. It was last sold for £499,995 in November 2014, which was around 49% above the average November 2014 detached price in the Colchester local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

LAKESIDE LODGE Sold Prices

Land registry data shows two sales for LAKESIDE 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 Colchester local authority area for the corresponding sale date. Both of the two LAKESIDE 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 3 NOV	£499,995	£335,551	49% above HPI
1998 16 DEC	£150,000	£112,052	34% above HPI

LAKESIDE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two LAKESIDE LODGE sales from December 1998 and November 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 December 1998 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2014 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might LAKESIDE LODGE be worth now?

LAKESIDE LODGE might now be worth an estimated £757,838.

This is based on house price inflation of 51.6%, between November 2014 and December 2024, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.6% inflationary increase is applied to the most recent sale price for LAKESIDE LODGE of £499,995 on 3rd November 2014. For the value to have increased from £499,995 to £757,838 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of LAKESIDE LODGE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The November 2014 sale price of £499,995 represented a fair market value for the property.
• The size, condition, and specification of LAKESIDE LODGE has not materially changed since November 2014.

How Large is LAKESIDE LODGE?

LAKESIDE LODGE is 220m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 10% of detached houses houses in Wivenhoe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wivenhoe, and where LAKESIDE LODGE lies on this distribution: 96% of detached houses houses are smaller than LAKESIDE LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Wivenhoe.

LAKESIDE LODGE: Plot and Title Map

LAKESIDE LODGE sits on a plot of roughly 0.269 of an acre, or 1,090m². The below map shows the location of LAKESIDE 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 LAKESIDE 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 LAKESIDE LODGE?

LAKESIDE LODGE is located on RECTORY HILL in WIVENHOE, in the CO7 postcode district. The below map shows the position of LAKESIDE LODGE on RECTORY HILL.