LARK LODGE, CLOCKHOUSE WAY, BRAINTREE, CM7 3RD - £445,000

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.

LARK LODGE is a very large detached house of 190m², built sometime between 1996 and 2002, which could now be worth an estimated £515,631. It was last sold for £445,000 in February 2020, which was around 10% below the average February 2020 detached price in the Braintree local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

LARK LODGE Sold Prices

Land registry data shows two sales for LARK 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 Braintree local authority area for the corresponding sale date. One of the two LARK LODGE sales was for below the average price, whilst the other was 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
2020 7 FEB	£445,000	£492,808	10% below HPI
2000 27 OCT	£200,000	£162,608	23% above HPI

LARK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two LARK LODGE sales from October 2000 and February 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 October 2000 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might LARK LODGE be worth now?

LARK LODGE might now be worth an estimated £515,631.

This is based on house price inflation of 15.9%, between February 2020 and July 2025, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.9% inflationary increase is applied to the most recent sale price for LARK LODGE of £445,000 on 7th February 2020. For the value to have increased from £445,000 to £515,631 over the four years and seven months to July 2025, the following assumptions must hold true:

• The value of LARK LODGE has moved in line with the HPI for detached houses in the Braintree local authority area.
• The February 2020 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of LARK LODGE has not materially changed since February 2020.

How Large is LARK LODGE?

LARK LODGE is 190m² according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Braintree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Braintree, and where LARK LODGE lies on this distribution: 95% of detached houses houses are smaller than LARK LODGE, and 5% of houses are larger. Note that EPC data is not available for all properties in Braintree.

LARK LODGE: Plot and Title Map

LARK LODGE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of LARK 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 LARK 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 LARK LODGE?

LARK LODGE is located on CLOCKHOUSE WAY in BRAINTREE, in the CM7 postcode district. The below map shows the position of LARK LODGE on CLOCKHOUSE WAY.