OAK LODGE, PROVOST ROAD, MANBY, LOUTH, LN11 8TT - £145,000

OAK LODGE is a very small extended detached house of 76m², built sometime between 1991 and 1995. It was last sold for £145,000 in February 2010, which was around 12% below the average February 2010 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

OAK LODGE Sold Prices

Land registry data shows five sales for OAK LODGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the five OAK 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
2010 26 FEB	£145,000	£165,476	12% below HPI
2005 28 FEB	£81,500	£164,556	50% below HPI
2001 3 AUG	£60,000	£83,628	28% below HPI
2000 12 SEP	£52,950	£75,578	30% below HPI
1996 15 AUG	£46,500	£57,797	20% below HPI

OAK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The five OAK LODGE sales between August 1996 and February 2010 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 February 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2010 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is OAK LODGE?

OAK LODGE is 76m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Manby, based on EPC data. The below chart shows the distribution of detached houses by size in Manby, and where OAK LODGE lies on this distribution: 6% of detached houses are smaller than OAK LODGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Manby.

OAK LODGE: Plot and Title Map

OAK LODGE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of OAK 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 OAK 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 OAK LODGE?

OAK LODGE is located on PROVOST ROAD in MANBY, in the LN11 postcode district. The below map shows the position of OAK LODGE on PROVOST ROAD.