OAK LODGE, CARLTON ROAD, MANBY, LOUTH, LN11 8UF - £245,000

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

OAK LODGE is a very large detached house of 198m², built sometime between 1991 and 1995. It was last sold for £245,000 in April 2023, which was around 12% below the average April 2023 detached price in the East Lindsey local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was C.

OAK LODGE Sold Prices

Land registry data shows three sales for OAK LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the three OAK LODGE sales was for below the average price, whilst two 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
2023 14 APR	£245,000	£276,881	12% below HPI
2021 11 JUN	£345,000	£238,466	45% above HPI
2007 1 AUG	£223,000	£192,296	16% above HPI

OAK 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 three OAK LODGE sales between August 2007 and April 2023 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 June 2021 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is OAK LODGE?

OAK LODGE is 198m² according to the EPC inspection conducted in May 2019. This puts it in the largest 10% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where OAK LODGE lies on this distribution: 91% of detached houses are smaller than OAK LODGE, and 9% of houses are larger. Note that EPC data is not available for all properties in Manby.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.364 of an acre, or 1,471m². The below map shows the location of OAK 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 OAK 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 OAK LODGE?

OAK LODGE is located on CARLTON ROAD in MANBY, in the LN11 postcode district. The below map shows the position of OAK LODGE on CARLTON ROAD.