THE LODGE, PITNEY, LANGPORT, TA10 9AR - £375,000

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 small extended detached house of 115m², built sometime before 1900, which could now be worth an estimated £459,244. It was last sold for £375,000 in October 2019, which was about the average October 2019 detached price in the Somerset local authority area. The most recent EPC inspection was January 2011, where the current energy rating was F, and the potential energy rating was E.

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 Somerset local authority area for the corresponding sale date. One of the two THE LODGE sales was roughly equal to the average price, whilst the other was 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
2019 22 OCT	£375,000	£375,968	Close to HPI
1998 26 MAY	£83,000	£103,777	20% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two THE LODGE sales from May 1998 and October 2019 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 May 1998 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might THE LODGE be worth now?

THE LODGE might now be worth an estimated £459,244.

This is based on house price inflation of 22.5%, between October 2019 and February 2025, for detached houses, in the Somerset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.5% inflationary increase is applied to the most recent sale price for THE LODGE of £375,000 on 22nd October 2019. For the value to have increased from £375,000 to £459,244 over the six years and eight 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 Somerset local authority area.
• The October 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE has not materially changed since October 2019.

How Large is THE LODGE?

THE LODGE is 115m², which includes one extension, according to the EPC inspection conducted in January 2011. This puts it in the smallest 30% of detached houses houses in Pitney, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pitney, and where THE LODGE lies on this distribution: 23% of detached houses houses are smaller than THE LODGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Pitney.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.197 of an acre, or 799m². 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 PITNEY, in the TA10 postcode district. The below map shows the position of THE LODGE in PITNEY.