LODGE FARM, LODGE LANE, UPTON, GAINSBOROUGH, DN21 5NW - £375,000

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

LODGE FARM is a very large extended detached house of 195m², built sometime before 1900. It was last sold for £375,000 in August 2017, which was around 71% above the average August 2017 detached price in the West Lindsey local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

LODGE FARM Sold Prices

Land registry data shows two sales for LODGE FARM 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 Lindsey local authority area for the corresponding sale date. Both of the two LODGE FARM 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
2017 4 AUG	£375,000	£219,434	71% above HPI
2007 5 OCT	£370,000	£201,093	84% above HPI

LODGE FARM Price Paid vs. HPI Average

The below graph shows the average detached house price in the West Lindsey local authority area over time, sourced from the HPI. The two LODGE FARM sales from October 2007 and August 2017 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 October 2007 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the August 2017 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is LODGE FARM?

LODGE FARM is 195m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% of detached houses in Upton, based on EPC data. The below chart shows the distribution of detached houses by size in Upton, and where LODGE FARM lies on this distribution: 91% of detached houses are smaller than LODGE FARM, and 9% of houses are larger. Note that EPC data is not available for all properties in Upton.

LODGE FARM: Plot and Title Map

LODGE FARM sits on a plot of roughly 1.1 acres, or 4,416m². The below map shows the location of LODGE FARM, 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 LODGE FARM). 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 LODGE FARM?

LODGE FARM is located on LODGE LANE in UPTON, in the DN21 postcode district. The below map shows the position of LODGE FARM on LODGE LANE.