THE LODGE, RECTORY LANE, ASHINGTON, PULBOROUGH, RH20 3LF - £227,000

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 detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £467,790. It was last sold for £227,000 in December 2003, which was around 38% below the average December 2003 detached price in the Horsham local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was E.

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 Horsham local authority area for the corresponding sale date. All of the four THE LODGE sales were 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
2003 15 DEC	£227,000	£364,162	38% below HPI
2001 12 JUL	£163,000	£275,384	41% below HPI
1997 11 JUL	£92,500	£163,057	43% below HPI
1997 28 FEB	£87,500	£145,410	40% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The four THE LODGE sales between February 1997 and December 2003 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 2001 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2003 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might THE LODGE be worth now?

THE LODGE might now be worth an estimated £467,790.

This is based on house price inflation of 106.1%, between December 2003 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 106.1% inflationary increase is applied to the most recent sale price for THE LODGE of £227,000 on 15th December 2003. For the value to have increased from £227,000 to £467,790 over the 22 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 Horsham local authority area.
• The December 2003 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of THE LODGE has not materially changed since December 2003.

How Large is THE LODGE?

THE LODGE is 106m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 30% of detached houses houses in Ashington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashington, and where THE LODGE lies on this distribution: 24% of detached houses houses are smaller than THE LODGE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ashington.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.126 of an acre, or 510m². 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 RECTORY LANE in ASHINGTON, in the RH20 postcode district. The below map shows the position of THE LODGE on RECTORY LANE.