LAVENDER LODGE, STUBBINS LANE, GAZELEY, NEWMARKET, CB8 8RL - £385,000

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

LAVENDER LODGE is a large extended detached house of 140m², built sometime between 2003 and 2006. It was last sold for £385,000 in March 2015, which was around 23% above the average March 2015 detached price in the West Suffolk local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

LAVENDER LODGE Sold Prices

Land registry data shows two sales for LAVENDER 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 West Suffolk local authority area for the corresponding sale date. Both of the two LAVENDER 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
2015 13 MAR	£385,000	£313,461	23% above HPI
2013 29 MAY	£375,000	£268,085	40% above HPI

LAVENDER LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Suffolk local authority area over time, sourced from the HPI. The two LAVENDER LODGE sales from May 2013 and March 2015 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 2013 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2015 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is LAVENDER LODGE?

LAVENDER LODGE is 140m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the largest 40% of detached houses in Gazeley, based on EPC data. The below chart shows the distribution of detached houses by size in Gazeley, and where LAVENDER LODGE lies on this distribution: 65% of detached houses are smaller than LAVENDER LODGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Gazeley.

LAVENDER LODGE: Plot and Title Map

LAVENDER LODGE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of LAVENDER 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 LAVENDER 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 LAVENDER LODGE?

LAVENDER LODGE is located on STUBBINS LANE in GAZELEY, in the CB8 postcode district. The below map shows the position of LAVENDER LODGE on STUBBINS LANE.