THE LODGE, CALDICOT CASTLE, CHEPSTOW ROAD, CALDICOT, NP26 5JB - £235,000

THE LODGE is a large extended detached house of 126m², built sometime before 1900. It was last sold for £235,000 in June 2004, which was about the average June 2004 detached price in the Monmouthshire local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

THE LODGE Sold Prices

Land registry data shows two sales for THE 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 THE LODGE sales was roughly equal to 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
2004 2 JUN	£235,000	£235,151	Close to HPI
1999 3 DEC	£129,950	£115,926	12% above HPI

THE 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 THE LODGE sales from December 1999 and June 2004 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 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2004 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE LODGE?

THE LODGE is 126m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 40% of detached houses in Caldicot, based on EPC data. The below chart shows the distribution of detached houses by size in Caldicot, and where THE LODGE lies on this distribution: 62% of detached houses are smaller than THE LODGE, and 38% of houses are larger. Note that EPC data is not available for all properties in Caldicot.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.079 of an acre, or 318m². 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, CALDICOT CASTLE is located on CHEPSTOW ROAD in CALDICOT, in the NP26 postcode district. The below map shows the position of THE LODGE, CALDICOT CASTLE on CHEPSTOW ROAD.