THE LODGE, HIGHFIELD ROAD, LYDNEY, GL15 5NB - £250,000

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

THE LODGE is a large extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £250,000 in December 2016, which was around 7% below the average December 2016 detached price in the Forest of Dean local authority area. The most recent EPC inspection was December 2021, where the current energy rating was B, and the potential energy rating was A.

THE LODGE Sold Prices

Land registry data shows two sales for THE 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 Forest of Dean local authority area for the corresponding sale date. One of the two THE LODGE sales was for below the average price, whilst the other was 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
2016 2 DEC	£250,000	£268,058	7% below HPI
2006 10 JUL	£275,000	£235,813	17% above HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The two THE LODGE sales from July 2006 and December 2016 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 July 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE LODGE?

THE LODGE is 116m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses in Lydney, based on EPC data. The below chart shows the distribution of detached houses by size in Lydney, and where THE LODGE lies on this distribution: 66% of detached houses are smaller than THE LODGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Lydney.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.154 of an acre, or 624m². 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 HIGHFIELD ROAD in LYDNEY, in the GL15 postcode district. The below map shows the position of THE LODGE on HIGHFIELD ROAD.