OTTERWOOD LODGE, CHAPEL ROAD, MUTFORD, BECCLES, NR34 7UU - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OTTERWOOD LODGE is a large extended detached house of 159m², built sometime between 1967 and 1975. It was last sold for £245,000 in February 2011, which was around 1% below the average February 2011 detached price in the East Suffolk local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

OTTERWOOD LODGE Sold Prices

Land registry data shows four sales for OTTERWOOD 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 East Suffolk local authority area for the corresponding sale date. All of the four OTTERWOOD 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
2011 2 FEB	£245,000	£247,727	1% below HPI
2006 27 SEP	£218,500	£237,036	8% below HPI
1999 29 OCT	£92,999	£100,918	8% below HPI
1997 2 JUN	£67,500	£80,188	16% below HPI

OTTERWOOD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The four OTTERWOOD LODGE sales between June 1997 and February 2011 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 September 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2011 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is OTTERWOOD LODGE?

OTTERWOOD LODGE is 159m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 30% of detached houses in Mutford, based on EPC data. The below chart shows the distribution of detached houses by size in Mutford, and where OTTERWOOD LODGE lies on this distribution: 77% of detached houses are smaller than OTTERWOOD LODGE, and 23% of houses are larger. Note that EPC data is not available for all properties in Mutford.

OTTERWOOD LODGE: Plot and Title Map

OTTERWOOD LODGE sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of OTTERWOOD 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 OTTERWOOD 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 OTTERWOOD LODGE?

OTTERWOOD LODGE is located on CHAPEL ROAD in MUTFORD, in the NR34 postcode district. The below map shows the position of OTTERWOOD LODGE on CHAPEL ROAD.