THE LODGE COTTAGE, ALNMOUTH ROAD, ALNWICK, NE66 2PS - £415,000

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 COTTAGE is a very large extended detached house of 181m², built sometime between 2003 and 2006, which could now be worth an estimated £625,000. It was last sold for £415,000 in March 2014, which was around 74% above the average March 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

THE LODGE COTTAGE Sold Prices

Land registry data shows two sales for THE LODGE COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. One of the two THE LODGE COTTAGE sales was for above the average price, whilst the other was 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
2014 14 MAR	£415,000	£238,900	74% above HPI
2002 7 JAN	£97,450	£122,264	20% below HPI

THE LODGE COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two THE LODGE COTTAGE sales from January 2002 and March 2014 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2014 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might THE LODGE COTTAGE be worth now?

THE LODGE COTTAGE might now be worth an estimated £625,000.

This is based on house price inflation of 50.6%, between March 2014 and February 2025, for detached houses, in the Northumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.6% inflationary increase is applied to the most recent sale price for THE LODGE COTTAGE of £415,000 on 14th March 2014. For the value to have increased from £415,000 to £625,000 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of THE LODGE COTTAGE has moved in line with the HPI for detached houses in the Northumberland local authority area.
• The March 2014 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE COTTAGE has not materially changed since March 2014.

How Large is THE LODGE COTTAGE?

THE LODGE COTTAGE is 181m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% of detached houses houses in Alnwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Alnwick, and where THE LODGE COTTAGE lies on this distribution: 94% of detached houses houses are smaller than THE LODGE COTTAGE, and 6% of houses are larger. Note that EPC data is not available for all properties in Alnwick.

THE LODGE COTTAGE: Plot and Title Map

THE LODGE COTTAGE sits on a plot of roughly 0.299 of an acre, or 1,210m². The below map shows the location of THE LODGE COTTAGE, 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 COTTAGE). 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 COTTAGE?

THE LODGE COTTAGE is located on ALNMOUTH ROAD in ALNWICK, in the NE66 postcode district. The below map shows the position of THE LODGE COTTAGE on ALNMOUTH ROAD.