OAK LODGE, PROVOST ROAD, MANBY, LOUTH, LN11 8TT - £145,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

OAK LODGE is a very small extended detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £247,229. It was last sold for £145,000 in February 2010, which was around 14% below the average February 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

OAK LODGE Sold Prices

Land registry data shows five sales for OAK LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five OAK 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
2010 26 FEB	£145,000	£167,887	14% below HPI
2005 28 FEB	£81,500	£166,953	51% below HPI
2001 3 AUG	£60,000	£84,846	29% below HPI
2000 12 SEP	£52,950	£76,679	31% below HPI
1996 15 AUG	£46,500	£58,639	21% below 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 five OAK LODGE sales between August 1996 and February 2010 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 February 2005 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2010 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might OAK LODGE be worth now?

OAK LODGE might now be worth an estimated £247,229.

This is based on house price inflation of 70.5%, between February 2010 and February 2025, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 70.5% inflationary increase is applied to the most recent sale price for OAK LODGE of £145,000 on 26th February 2010. For the value to have increased from £145,000 to £247,229 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of OAK LODGE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The February 2010 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of OAK LODGE has not materially changed since February 2010.

How Large is OAK LODGE?

OAK LODGE is 76m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses houses in Manby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manby, and where OAK LODGE lies on this distribution: 6% of detached houses houses are smaller than OAK LODGE, and 94% 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 0.127 of an acre, or 514m². 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 PROVOST ROAD in MANBY, in the LN11 postcode district. The below map shows the position of OAK LODGE on PROVOST ROAD.