OAK LODGE, CHAPEL ROAD, MUTFORD, BECCLES, NR34 7UU - £450,000

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

OAK LODGE is a small detached house of 119m², built sometime between 1950 and 1966. It was last sold for £450,000 in November 2022, which was around 2% above the average November 2022 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, 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 Suffolk local authority area for the corresponding sale date. All of the three OAK 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
2022 18 NOV	£450,000	£442,367	2% above HPI
2000 31 JUL	£125,000	£116,099	8% above HPI
1995 11 DEC	£80,000	£73,915	8% above HPI

OAK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three OAK LODGE sales between December 1995 and November 2022 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 July 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is OAK LODGE?

OAK LODGE is 119m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses in Mutford, based on EPC data. The below chart shows the distribution of detached houses by size in Mutford, and where OAK LODGE lies on this distribution: 37% of detached houses are smaller than OAK LODGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Mutford.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.249 of an acre, or 1,006m². 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 CHAPEL ROAD in MUTFORD, in the NR34 postcode district. The below map shows the position of OAK LODGE on CHAPEL ROAD.