THE LODGE, BECKERMET, CA21 2YF - £215,000

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.

THE LODGE is a very small detached house of 77m², built sometime before 1900, which could now be worth an estimated £251,548. It was last sold for £215,000 in June 2021, which was around 10% below the average June 2021 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was E, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows seven sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the seven THE 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
2021 28 JUN	£215,000	£238,125	10% below HPI
2009 27 APR	£162,000	£186,830	13% below HPI
2006 6 JUN	£152,500	£192,751	21% below HPI
2004 30 APR	£130,000	£141,463	8% below HPI
2002 1 FEB	£71,000	£90,829	22% below HPI
1999 24 AUG	£57,000	£79,286	28% below HPI
1996 12 APR	£34,000	£67,595	50% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The seven THE LODGE sales between April 1996 and June 2021 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 April 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might THE LODGE be worth now?

THE LODGE might now be worth an estimated £251,548.

This is based on house price inflation of 17%, between June 2021 and February 2025, for detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for THE LODGE of £215,000 on 28th June 2021. For the value to have increased from £215,000 to £251,548 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of THE LODGE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The June 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE has not materially changed since June 2021.

How Large is THE LODGE?

THE LODGE is 77m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses houses in Beckermet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Beckermet, and where THE LODGE lies on this distribution: 6% of detached houses houses are smaller than THE LODGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Beckermet.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE is located in BECKERMET, in the CA21 postcode district. The below map shows the position of THE LODGE in BECKERMET.