ORCHARD LODGE, SCHOOL LANE, SOUTH CHARD, CHARD, TA20 2PR - £540,000

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 large detached house of 141m², built sometime between 1983 and 1990. It was last sold for £540,000 in July 2024, which was around 21% above the average July 2024 detached price in the Somerset local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

ORCHARD LODGE Sold Prices

Land registry data shows three sales for ORCHARD 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 Somerset local authority area for the corresponding sale date. All of the three 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
2024 16 JUL	£540,000	£445,286	21% above HPI
2004 29 OCT	£288,000	£258,676	11% above HPI
1999 1 OCT	£142,500	£120,169	19% above HPI

ORCHARD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The three ORCHARD LODGE sales between October 1999 and July 2024 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 October 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2024 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is ORCHARD LODGE?

ORCHARD LODGE is 141m² according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses in Tatworth, based on EPC data. The below chart shows the distribution of detached houses by size in Tatworth, and where ORCHARD LODGE lies on this distribution: 77% of detached houses are smaller than ORCHARD LODGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Tatworth.

ORCHARD LODGE: Plot and Title Map

ORCHARD LODGE sits on a plot of roughly 0.210 of an acre, or 849m². 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 SCHOOL LANE in SOUTH CHARD, in the TA20 postcode district. The below map shows the position of ORCHARD LODGE on SCHOOL LANE.