THE LODGE, LESBURY, ALNWICK, NE66 3AZ - £580,000

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 large extended detached house of 217m², built sometime between 1996 and 2002. It was last sold for £580,000 in November 2015, which was around 135% above the average November 2015 detached price in the Northumberland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was C.

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 Northumberland local authority area for the corresponding sale date. Both of the two THE LODGE sales were 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
2015 12 NOV	£580,000	£246,479	135% above HPI
2000 23 NOV	£111,450	£102,048	9% above HPI

THE LODGE 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 sales from November 2000 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 November 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2015 sale, where it rises to 135% above the HPI. The line then continues to track at 135% above the HPI.

How Large is THE LODGE?

THE LODGE is 217m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of detached houses in Lesbury, based on EPC data. The below chart shows the distribution of detached houses by size in Lesbury, and where THE LODGE lies on this distribution: 90% of detached houses are smaller than THE LODGE, and 10% of houses are larger. Note that EPC data is not available for all properties in Lesbury.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.362 of an acre, or 1,466m². 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 LESBURY, in the NE66 postcode district. The below map shows the position of THE LODGE in LESBURY.