THE LODGE, THREE MILE POND FARM, CAMBRIDGE ROAD, SAWBRIDGEWORTH, CM21 9BZ - £570,000

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 large detached house of 184m², built sometime between 1976 and 1982. It was last sold for £570,000 in May 2016, which was around 14% below the average May 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, 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 East Hertfordshire local authority area for the corresponding sale date. Both of the two 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
2016 26 MAY	£570,000	£662,804	14% below HPI
2001 28 JUN	£234,000	£277,654	16% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two THE LODGE sales from June 2001 and May 2016 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 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is THE LODGE?

THE LODGE is 184m² according to the EPC inspection conducted in March 2016. This puts it in the largest 30% of detached houses in Sawbridgeworth, based on EPC data. The below chart shows the distribution of detached houses by size in Sawbridgeworth, and where THE LODGE lies on this distribution: 77% of detached houses are smaller than THE LODGE, and 22% of houses are larger. Note that EPC data is not available for all properties in Sawbridgeworth.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.089 of an acre, or 359m². 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, THREE MILE POND FARM is located on CAMBRIDGE ROAD in SAWBRIDGEWORTH, in the CM21 postcode district. The below map shows the position of THE LODGE, THREE MILE POND FARM on CAMBRIDGE ROAD.