THE LODGE, WESTBURY GARDENS, HIGHER ODCOMBE, YEOVIL, BA22 8UR - £385,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE LODGE is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £385,000 in August 2020, which was around 5% above the average August 2020 detached price in the Somerset local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

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 Somerset local authority area for the corresponding sale date. two of the four THE LODGE sales were for above the average price, and four 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
2020 25 AUG	£385,000	£367,260	5% above HPI
2005 21 APR	£249,950	£252,898	1% below HPI
2000 2 OCT	£125,000	£142,080	12% below HPI
1998 6 FEB	£107,500	£99,265	8% above 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 four THE LODGE sales between February 1998 and August 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 April 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE LODGE?

THE LODGE is 118m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Odcombe, based on EPC data. The below chart shows the distribution of detached houses by size in Odcombe, and where THE LODGE lies on this distribution: 47% of detached houses are smaller than THE LODGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Odcombe.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.062 of an acre, or 250m². 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 WESTBURY GARDENS in HIGHER ODCOMBE, in the BA22 postcode district. The below map shows the position of THE LODGE on WESTBURY GARDENS.