MILL LODGE, MILL LANE, LONDON, E4 7RB - £370,000

MILL LODGE is a very large detached house of 316m². It was last sold for £370,000 in December 2009, which was around 30% below the average December 2009 detached price in the Epping Forest local authority area. The most recent EPC inspection was July 2013, where the current energy rating was B, and the potential energy rating was B.

MILL LODGE Sold Prices

Land registry data shows two sales for MILL 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 Epping Forest local authority area for the corresponding sale date. One of the two MILL 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
2009 22 DEC	£370,000	£530,207	30% below HPI
2001 12 OCT	£372,500	£347,702	7% above HPI

MILL LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two MILL LODGE sales from October 2001 and December 2009 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 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2009 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is MILL LODGE?

MILL LODGE is 316m² according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses in Sewardstone, based on EPC data. The below chart shows the distribution of detached houses by size in Sewardstone, and where MILL LODGE lies on this distribution: More than 99% of detached houses are smaller than MILL LODGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Sewardstone.

MILL LODGE: Plot and Title Map

MILL LODGE sits on a plot of roughly 0.284 of an acre, or 1,148m². The below map shows the location of MILL 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 MILL 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 MILL LODGE?

MILL LODGE is located on MILL LANE in LONDON, in the E4 postcode district. The below map shows the position of MILL LODGE on MILL LANE.