THE LODGE, HEAVITREE PARK, EXETER, EX1 3BP - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE LODGE is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £240,000 in November 2015, which was around 40% below the average November 2015 detached price in the Exeter local authority area. The most recent EPC inspection was April 2023, where the current energy rating was E, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Exeter local authority area for the corresponding sale date. All of the three 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
2015 11 NOV	£240,000	£401,578	40% below HPI
2001 20 AUG	£95,000	£175,754	46% below HPI
1996 7 OCT	£65,000	£97,602	33% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Exeter local authority area over time, sourced from the HPI. The three THE LODGE sales between October 1996 and November 2015 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 August 2001 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the November 2015 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is THE LODGE?

THE LODGE is 80m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Exeter, based on EPC data. The below chart shows the distribution of detached houses by size in Exeter, and where THE LODGE lies on this distribution: 13% of detached houses are smaller than THE LODGE, and 86% of houses are larger. Note that EPC data is not available for all properties in Exeter.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.069 of an acre, or 281m². 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 on HEAVITREE PARK in EXETER, in the EX1 postcode district. The below map shows the position of THE LODGE on HEAVITREE PARK.