SOUTHFIELD LODGE, BURNHAM ROAD, ALTHORNE, CHELMSFORD, CM3 6DP - £475,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SOUTHFIELD LODGE is a very large extended detached house of 215m², built sometime between 1967 and 1975, which could now be worth an estimated £936,883. It was last sold for £475,000 in October 2004, which was around 65% above the average October 2004 detached price in the Maldon local authority area. The most recent EPC inspection was April 2024, where the current energy rating was B, and the potential energy rating was A.

SOUTHFIELD LODGE Sold Prices

Land registry data shows two sales for SOUTHFIELD 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 Maldon local authority area for the corresponding sale date. Both of the two SOUTHFIELD 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
2004 1 OCT	£475,000	£287,012	65% above HPI
1998 23 JUN	£235,000	£119,190	97% above HPI

SOUTHFIELD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two SOUTHFIELD LODGE sales from June 1998 and October 2004 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 June 1998 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the October 2004 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might SOUTHFIELD LODGE be worth now?

SOUTHFIELD LODGE might now be worth an estimated £936,883.

This is based on house price inflation of 97.2%, between October 2004 and December 2024, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.2% inflationary increase is applied to the most recent sale price for SOUTHFIELD LODGE of £475,000 on 1st October 2004. For the value to have increased from £475,000 to £936,883 over the nineteen years and ten months to December 2024, the following assumptions must hold true:

• The value of SOUTHFIELD LODGE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2004 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTHFIELD LODGE has not materially changed since October 2004.

How Large is SOUTHFIELD LODGE?

SOUTHFIELD LODGE is 215m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 20% of detached houses houses in Althorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Althorne, and where SOUTHFIELD LODGE lies on this distribution: 86% of detached houses houses are smaller than SOUTHFIELD LODGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Althorne.

SOUTHFIELD LODGE: Plot and Title Map

SOUTHFIELD LODGE sits on a plot of roughly 0.963 of an acre, or 3,899m². The below map shows the location of SOUTHFIELD 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 SOUTHFIELD 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 SOUTHFIELD LODGE?

SOUTHFIELD LODGE is located on BURNHAM ROAD in ALTHORNE, in the CM3 postcode district. The below map shows the position of SOUTHFIELD LODGE on BURNHAM ROAD.