SOUTH LODGE, SOUTH PARADE, LEDBURY, HR8 2HA - £850,000

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

SOUTH LODGE is a very large extended detached house of 205m², built sometime between 1950 and 1966. It was last sold for £850,000 in March 2022, which was around 109% above the average March 2022 detached price in the Herefordshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

SOUTH LODGE Sold Prices

Land registry data shows two sales for SOUTH 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 Herefordshire local authority area for the corresponding sale date. Both of the two SOUTH 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 29 MAR	£850,000	£407,355	109% above HPI
2001 3 JAN	£220,000	£135,597	62% above HPI

SOUTH LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two SOUTH LODGE sales from January 2001 and March 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 January 2001 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2022 sale, where it rises to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is SOUTH LODGE?

SOUTH LODGE is 205m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Ledbury, based on EPC data. The below chart shows the distribution of detached houses by size in Ledbury, and where SOUTH LODGE lies on this distribution: 98% of detached houses are smaller than SOUTH LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ledbury.

SOUTH LODGE: Plot and Title Map

SOUTH LODGE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of SOUTH 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 SOUTH 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 SOUTH LODGE?

SOUTH LODGE is located on SOUTH PARADE in LEDBURY, in the HR8 postcode district. The below map shows the position of SOUTH LODGE on SOUTH PARADE.