THE LODGE, NORTHAMPTON ROAD, LAVENDON, OLNEY, MK46 4EY - £1,025,000

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 very large extended detached house of 322m², built sometime before 1900. It was last sold for £1,025,000 in December 2015, which was around 166% above the average December 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, 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 Milton Keynes local authority area for the corresponding sale date. All of the three 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 8 DEC	£1,025,000	£385,669	166% above HPI
1999 9 JUN	£430,000	£114,102	277% above HPI
1996 17 MAY	£380,000	£84,626	349% above HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The three THE LODGE sales between May 1996 and December 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 June 1999 sale was for 277% above the HPI. So the extrapolation line tracks at 277% above the HPI over time, until the December 2015 sale, where it falls to 166% above the HPI. The line then continues to track at 166% above the HPI.

How Large is THE LODGE?

THE LODGE is 322m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the largest 10% of detached houses in Lavendon, based on EPC data. The below chart shows the distribution of detached houses by size in Lavendon, and where THE LODGE lies on this distribution: More than 99% of detached houses are smaller than THE LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lavendon.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 1.1 acres, or 4,301m². 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 NORTHAMPTON ROAD in LAVENDON, in the MK46 postcode district. The below map shows the position of THE LODGE on NORTHAMPTON ROAD.