OAKFIELD LODGE, WATLING LANE, THAXTED, DUNMOW, CM6 2QY - £475,000

OAKFIELD LODGE is a midsized extended detached house of 139m², built sometime between 1967 and 1975. It was last sold for £475,000 in May 2023, which was around 36% below the average May 2023 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

OAKFIELD LODGE Sold Prices

Land registry data shows two sales for OAKFIELD 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 Uttlesford local authority area for the corresponding sale date. Both of the two OAKFIELD 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
2023 11 MAY	£475,000	£739,655	36% below HPI
2016 13 APR	£415,000	£536,690	23% below HPI

OAKFIELD LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The two OAKFIELD LODGE sales from April 2016 and May 2023 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is OAKFIELD LODGE?

OAKFIELD LODGE is 139m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Thaxted, based on EPC data. The below chart shows the distribution of detached houses by size in Thaxted, and where OAKFIELD LODGE lies on this distribution: 60% of detached houses are smaller than OAKFIELD LODGE, and 40% of houses are larger. Note that EPC data is not available for all properties in Thaxted.

OAKFIELD LODGE: Plot and Title Map

OAKFIELD LODGE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of OAKFIELD 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 OAKFIELD 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 OAKFIELD LODGE?

OAKFIELD LODGE is located on WATLING LANE in THAXTED, in the CM6 postcode district. The below map shows the position of OAKFIELD LODGE on WATLING LANE.