MORLEY LODGE, ALVERSTON AVENUE, WOODHALL SPA, LN10 6SN - £285,000

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

MORLEY LODGE is a very large detached house of 237m². It was last sold for £285,000 in August 2016, which was around 50% above the average August 2016 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2019, where the current energy rating was A, and the potential energy rating was A.

MORLEY LODGE Sold Prices

Land registry data shows two sales for MORLEY 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 East Lindsey local authority area for the corresponding sale date. Both of the two MORLEY 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
2016 17 AUG	£285,000	£189,466	50% above HPI
1999 19 NOV	£135,000	£69,337	95% above HPI

MORLEY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two MORLEY LODGE sales from November 1999 and August 2016 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 1999 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the August 2016 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is MORLEY LODGE?

MORLEY LODGE is 237m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses in Woodhall Spa, based on EPC data. The below chart shows the distribution of detached houses by size in Woodhall Spa, and where MORLEY LODGE lies on this distribution: 93% of detached houses are smaller than MORLEY LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Woodhall Spa.

MORLEY LODGE: Plot and Title Map

MORLEY LODGE sits on a plot of roughly 0.265 of an acre, or 1,071m². The below map shows the location of MORLEY 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 MORLEY 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 MORLEY LODGE?

MORLEY LODGE is located on ALVERSTON AVENUE in WOODHALL SPA, in the LN10 postcode district. The below map shows the position of MORLEY LODGE on ALVERSTON AVENUE.