OAK LODGE, HINDERCLAY ROAD, RICKINGHALL, DISS, IP22 1HQ - £490,000

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 small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £490,000 in September 2022, which was around 12% above the average September 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was A.

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 Mid Suffolk local authority area for the corresponding sale date. One of the three OAK LODGE sales was for above the average price, whilst two 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
2022 23 SEP	£490,000	£438,574	12% above HPI
2017 21 DEC	£340,000	£370,856	8% below HPI
2002 23 MAY	£164,000	£169,846	3% below HPI

OAK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three OAK LODGE sales between May 2002 and September 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 December 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is OAK LODGE?

OAK LODGE is 92m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 30% of detached houses in Rickinghall, based on EPC data. The below chart shows the distribution of detached houses by size in Rickinghall, and where OAK LODGE lies on this distribution: 22% of detached houses are smaller than OAK LODGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Rickinghall.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.144 of an acre, or 583m². 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 HINDERCLAY ROAD in RICKINGHALL, in the IP22 postcode district. The below map shows the position of OAK LODGE on HINDERCLAY ROAD.