ORCHARD LODGE, MEGG LANE, CHIPPERFIELD, KINGS LANGLEY, WD4 9JN - £670,000

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

ORCHARD LODGE is a midsized extended detached house of 164m², built sometime between 1900 and 1929. It was last sold for £670,000 in January 2012, which was around 25% above the average January 2012 detached price in the Dacorum local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

ORCHARD LODGE Sold Prices

Land registry data shows two sales for ORCHARD 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 Dacorum local authority area for the corresponding sale date. Both of the two ORCHARD 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
2012 27 JAN	£670,000	£535,308	25% above HPI
1995 25 MAY	£216,000	£152,628	42% above HPI

ORCHARD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The two ORCHARD LODGE sales from May 1995 and January 2012 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 May 1995 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2012 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is ORCHARD LODGE?

ORCHARD LODGE is 164m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 50% of detached houses in Chipperfield, based on EPC data. The below chart shows the distribution of detached houses by size in Chipperfield, and where ORCHARD LODGE lies on this distribution: 45% of detached houses are smaller than ORCHARD LODGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chipperfield.

ORCHARD LODGE: Plot and Title Map

ORCHARD LODGE sits on a plot of roughly 0.502 of an acre, or 2,032m². The below map shows the location of ORCHARD 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 ORCHARD 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 ORCHARD LODGE?

ORCHARD LODGE is located on MEGG LANE in CHIPPERFIELD, in the WD4 postcode district. The below map shows the position of ORCHARD LODGE on MEGG LANE.