NEW LODGE, GRANGE ROAD, LEATHERHEAD, KT22 7JS - £600,000

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

NEW LODGE is a midsized extended detached house of 156m², built sometime between 1900 and 1929. It was last sold for £600,000 in March 2016, which was around 24% below the average March 2016 detached price in the Mole Valley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

NEW LODGE Sold Prices

Land registry data shows two sales for NEW 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 Mole Valley local authority area for the corresponding sale date. Both of the two NEW 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
2016 31 MAR	£600,000	£786,041	24% below HPI
2002 28 NOV	£335,000	£415,533	19% below HPI

NEW LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mole Valley local authority area over time, sourced from the HPI. The two NEW LODGE sales from November 2002 and March 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is NEW LODGE?

NEW LODGE is 156m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Ashtead, based on EPC data. The below chart shows the distribution of detached houses by size in Ashtead, and where NEW LODGE lies on this distribution: 52% of detached houses are smaller than NEW LODGE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ashtead.

NEW LODGE: Plot and Title Map

NEW LODGE sits on a plot of roughly 0.164 of an acre, or 666m². The below map shows the location of NEW 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 NEW 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 NEW LODGE?

NEW LODGE is located on GRANGE ROAD in LEATHERHEAD, in the KT22 postcode district. The below map shows the position of NEW LODGE on GRANGE ROAD.