OAKFIELD LODGE, WATLING LANE, THAXTED, DUNMOW, CM6 2QY - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

OAKFIELD LODGE is a large extended detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £462,558. It was last sold for £475,000 in May 2023, which was around 34% below the average May 2023 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

OAKFIELD LODGE Sold Prices

Land registry data shows two sales for OAKFIELD LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two OAKFIELD 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
2023 11 MAY	£475,000	£723,888	34% below HPI
2016 13 APR	£415,000	£560,006	26% below HPI

OAKFIELD 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 two OAKFIELD LODGE sales from April 2016 and May 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 April 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might OAKFIELD LODGE be worth now?

OAKFIELD LODGE might now be worth an estimated £462,558.

This is based on house price deflation of 2.6%, between May 2023 and December 2024, 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 2.6% deflationary decrease is applied to the most recent sale price for OAKFIELD LODGE of £475,000 on 11th May 2023. For the value to have decreased from £475,000 to £462,558 over the five months to December 2024, the following assumptions must hold true:

• The value of OAKFIELD LODGE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The May 2023 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of OAKFIELD LODGE has not materially changed since May 2023.

How Large is OAKFIELD LODGE?

OAKFIELD LODGE is 139m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses houses in Thaxted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Thaxted, and where OAKFIELD LODGE lies on this distribution: 60% of detached houses houses are smaller than OAKFIELD LODGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Thaxted.

OAKFIELD LODGE: Plot and Title Map

OAKFIELD LODGE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of OAKFIELD 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 OAKFIELD 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 OAKFIELD LODGE?

OAKFIELD LODGE is located on WATLING LANE in THAXTED, in the CM6 postcode district. The below map shows the position of OAKFIELD LODGE on WATLING LANE.