PORTLAND LODGE, CHAPEL ROAD, RIDGEWELL, HALSTEAD, CO9 4RZ - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PORTLAND LODGE is a large extended detached house of 178m², built sometime before 1900, which could now be worth an estimated £692,223. It was last sold for £375,000 in April 2013, which was around 20% above the average April 2013 detached price in the Braintree local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was E.

PORTLAND LODGE Sold Prices

Land registry data shows two sales for PORTLAND 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 Braintree local authority area for the corresponding sale date. Both of the two PORTLAND 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
2013 29 APR	£375,000	£312,865	20% above HPI
1997 22 OCT	£182,000	£108,489	68% above HPI

PORTLAND LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two PORTLAND LODGE sales from October 1997 and April 2013 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 1997 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the April 2013 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might PORTLAND LODGE be worth now?

PORTLAND LODGE might now be worth an estimated £692,223.

This is based on house price inflation of 84.6%, between April 2013 and February 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.6% inflationary increase is applied to the most recent sale price for PORTLAND LODGE of £375,000 on 29th April 2013. For the value to have increased from £375,000 to £692,223 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of PORTLAND LODGE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The April 2013 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of PORTLAND LODGE has not materially changed since April 2013.

How Large is PORTLAND LODGE?

PORTLAND LODGE is 178m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 40% of detached houses houses in Ridgewell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ridgewell, and where PORTLAND LODGE lies on this distribution: 67% of detached houses houses are smaller than PORTLAND LODGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ridgewell.

PORTLAND LODGE: Plot and Title Map

PORTLAND LODGE sits on a plot of roughly 0.392 of an acre, or 1,586m². The below map shows the location of PORTLAND 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 PORTLAND 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 PORTLAND LODGE?

PORTLAND LODGE is located on CHAPEL ROAD in RIDGEWELL, in the CO9 postcode district. The below map shows the position of PORTLAND LODGE on CHAPEL ROAD.