THE LODGE, MORTEHOE STATION ROAD, WOOLACOMBE, EX34 7HD - £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 is a large detached house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £479,631. It was last sold for £415,000 in December 2020, which was around 8% above the average December 2020 detached price in the North Devon local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Devon local authority area for the corresponding sale date. Most of the four 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
2020 4 DEC	£415,000	£385,156	8% above HPI
2006 29 JUN	£285,000	£266,834	7% above HPI
2004 13 JUL	£350,000	£252,380	39% above HPI
2000 23 NOV	£53,000	£130,899	60% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Devon local authority area over time, sourced from the HPI. The four THE LODGE sales between November 2000 and December 2020 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 June 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2020 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might THE LODGE be worth now?

THE LODGE might now be worth an estimated £479,631.

This is based on house price inflation of 15.6%, between December 2020 and February 2025, for detached houses, in the North Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.6% inflationary increase is applied to the most recent sale price for THE LODGE of £415,000 on 4th December 2020. For the value to have increased from £415,000 to £479,631 over the five years and ten 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 North Devon local authority area.
• The December 2020 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE has not materially changed since December 2020.

How Large is THE LODGE?

THE LODGE is 150m² according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of detached houses houses in Woolacombe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolacombe, and where THE LODGE lies on this distribution: 71% of detached houses houses are smaller than THE LODGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Woolacombe.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.107 of an acre, or 434m². 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 MORTEHOE STATION ROAD in WOOLACOMBE, in the EX34 postcode district. The below map shows the position of THE LODGE on MORTEHOE STATION ROAD.