SPRING LODGE, TINTERN, CHEPSTOW, NP16 6SQ - £280,000

SPRING LODGE is a very large extended detached house of 184m², built sometime between 1983 and 1990. It was last sold for £280,000 in August 2014, which was around 5% below the average August 2014 detached price in the Monmouthshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was D.

SPRING LODGE Sold Prices

Land registry data shows two sales for SPRING 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 Monmouthshire local authority area for the corresponding sale date. One of the two SPRING 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
2014 22 AUG	£280,000	£294,894	5% below HPI
2011 26 AUG	£350,000	£277,757	26% above HPI

SPRING LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two SPRING LODGE sales from August 2011 and August 2014 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 August 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is SPRING LODGE?

SPRING LODGE is 184m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Tintern, based on EPC data. The below chart shows the distribution of detached houses by size in Tintern, and where SPRING LODGE lies on this distribution: 81% of detached houses are smaller than SPRING LODGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Tintern.

SPRING LODGE: Plot and Title Map

SPRING LODGE sits on a plot of roughly 0.481 of an acre, or 1,948m². The below map shows the location of SPRING 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 SPRING 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 SPRING LODGE?

SPRING LODGE is located in TINTERN, in the NP16 postcode district. The below map shows the position of SPRING LODGE in TINTERN.