OAK LODGE, STATION ROAD, ELSENHAM, BISHOP'S STORTFORD, CM22 6LA - £695,000

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 large extended detached house of 199m², built sometime between 1983 and 1990, which could now be worth an estimated £811,763. It was last sold for £695,000 in June 2020, which was around 11% above the average June 2020 detached price in the Uttlesford local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was C.

OAK LODGE Sold Prices

Land registry data shows four sales for OAK LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four 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
2020 5 JUN	£695,000	£625,006	11% above HPI
2007 16 FEB	£490,000	£390,165	26% above HPI
2000 26 MAY	£285,000	£222,846	28% above HPI
1997 26 SEP	£185,000	£168,867	10% above HPI

OAK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The four OAK LODGE sales between September 1997 and June 2020 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 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might OAK LODGE be worth now?

OAK LODGE might now be worth an estimated £811,763.

This is based on house price inflation of 16.8%, between June 2020 and February 2025, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for OAK LODGE of £695,000 on 5th June 2020. For the value to have increased from £695,000 to £811,763 over the five years and four months 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 Uttlesford local authority area.
• The June 2020 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of OAK LODGE has not materially changed since June 2020.

How Large is OAK LODGE?

OAK LODGE is 199m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elsenham, and where OAK LODGE lies on this distribution: 96% of detached houses houses are smaller than OAK LODGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.163 of an acre, or 658m². 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 STATION ROAD in ELSENHAM, in the CM22 postcode district. The below map shows the position of OAK LODGE on STATION ROAD.