THE LODGE, BUTTER HILL, WALLINGTON, SM6 7JD - £268,000

THE LODGE is a very small detached house of 63m², built sometime before 1900. It was last sold for £268,000 in November 2009, which was around 45% below the average November 2009 detached price in the Sutton local authority area. The most recent EPC inspection was January 2009, where the current energy rating was E, and the potential energy rating was D.

THE LODGE Sold Prices

Land registry data shows three sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sutton local authority area for the corresponding sale date. All of the three THE 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
2009 27 NOV	£268,000	£486,444	45% below HPI
2006 15 DEC	£309,950	£478,951	35% below HPI
2006 25 MAY	£208,000	£446,740	53% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sutton local authority area over time, sourced from the HPI. The three THE LODGE sales between May 2006 and November 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 December 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2009 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is THE LODGE?

THE LODGE is 63m² according to the EPC inspection conducted in January 2009. This puts it in the smallest 10% of detached houses in Wallington, based on EPC data. The below chart shows the distribution of detached houses by size in Wallington, and where THE LODGE lies on this distribution: 2% of detached houses are smaller than THE LODGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wallington.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE is located on BUTTER HILL in WALLINGTON, in the SM6 postcode district. The below map shows the position of THE LODGE on BUTTER HILL.