PARK LODGE, RECTORY HILL, RICKINGHALL, DISS, IP22 1EH - £620,000

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

PARK LODGE is a large extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £620,000 in December 2022, which was around 39% above the average December 2022 detached price in the Mid Suffolk local authority area. The most recent EPC inspection was September 2022, where the current energy rating was E, and the potential energy rating was C.

PARK LODGE Sold Prices

Land registry data shows three sales for PARK 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 Mid Suffolk local authority area for the corresponding sale date. All of the three PARK 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
2022 16 DEC	£620,000	£446,856	39% above HPI
2012 12 JUL	£311,000	£253,825	23% above HPI
2000 4 AUG	£200,000	£131,716	52% above HPI

PARK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Suffolk local authority area over time, sourced from the HPI. The three PARK LODGE sales between August 2000 and December 2022 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 July 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is PARK LODGE?

PARK LODGE is 161m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 30% of detached houses in Rickinghall, based on EPC data. The below chart shows the distribution of detached houses by size in Rickinghall, and where PARK LODGE lies on this distribution: 73% of detached houses are smaller than PARK LODGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Rickinghall.

PARK LODGE: Plot and Title Map

PARK LODGE sits on a plot of roughly 0.498 of an acre, or 2,016m². The below map shows the location of PARK 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 PARK 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 PARK LODGE?

PARK LODGE is located on RECTORY HILL in RICKINGHALL, in the IP22 postcode district. The below map shows the position of PARK LODGE on RECTORY HILL.