PRIORY LODGE, LOUGHBON, ORSTON, NOTTINGHAM, NG13 9NJ - £285,000

PRIORY LODGE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £285,000 in October 2015, which was around 14% below the average October 2015 detached price in the Rushcliffe local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was C.

PRIORY LODGE Sold Prices

Land registry data shows two sales for PRIORY 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 Rushcliffe local authority area for the corresponding sale date. One of the two PRIORY 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
2015 30 OCT	£285,000	£330,791	14% below HPI
2008 18 JUL	£275,000	£265,093	4% above HPI

PRIORY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rushcliffe local authority area over time, sourced from the HPI. The two PRIORY LODGE sales from July 2008 and October 2015 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 July 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is PRIORY LODGE?

PRIORY LODGE is 85m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% of detached houses in Orston, based on EPC data. The below chart shows the distribution of detached houses by size in Orston, and where PRIORY LODGE lies on this distribution: 7% of detached houses are smaller than PRIORY LODGE, and 93% of houses are larger. Note that EPC data is not available for all properties in Orston.

PRIORY LODGE: Plot and Title Map

PRIORY LODGE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of PRIORY 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 PRIORY 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 PRIORY LODGE?

PRIORY LODGE is located on LOUGHBON in ORSTON, in the NG13 postcode district. The below map shows the position of PRIORY LODGE on LOUGHBON.