SUMMER LODGE, LODGE DROVE, WOODFALLS, SALISBURY, SP5 2NH - £425,000

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

SUMMER LODGE is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £425,000 in October 2022, which was around 17% below the average October 2022 detached price in the Wiltshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

SUMMER LODGE Sold Prices

Land registry data shows two sales for SUMMER 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 Wiltshire local authority area for the corresponding sale date. Both of the two SUMMER 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
2022 7 OCT	£425,000	£509,245	17% below HPI
2003 21 MAY	£235,000	£254,168	8% below HPI

SUMMER LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wiltshire local authority area over time, sourced from the HPI. The two SUMMER LODGE sales from May 2003 and October 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 May 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is SUMMER LODGE?

SUMMER LODGE is 83m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Woodfalls, based on EPC data. The below chart shows the distribution of detached houses by size in Woodfalls, and where SUMMER LODGE lies on this distribution: 16% of detached houses are smaller than SUMMER LODGE, and 84% of houses are larger. Note that EPC data is not available for all properties in Woodfalls.

SUMMER LODGE: Plot and Title Map

SUMMER LODGE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of SUMMER 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 SUMMER 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 SUMMER LODGE?

SUMMER LODGE is located on LODGE DROVE in WOODFALLS, in the SP5 postcode district. The below map shows the position of SUMMER LODGE on LODGE DROVE.