THE LODGE, CHERRY DRIVE, SEATON, EX12 2SD - £645,000

THE LODGE is a very large extended detached house of 216m², built sometime between 1950 and 1966. It was last sold for £645,000 in June 2019, which was around 55% above the average June 2019 detached price in the East Devon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

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 East Devon local authority area for the corresponding sale date. Both of the two THE LODGE sales were 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
2019 28 JUN	£645,000	£415,818	55% above HPI
2013 25 MAR	£385,000	£331,894	16% above HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two THE LODGE sales from March 2013 and June 2019 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 March 2013 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the June 2019 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is THE LODGE?

THE LODGE is 216m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Seaton, based on EPC data. The below chart shows the distribution of detached houses by size in Seaton, and where THE LODGE lies on this distribution: 97% of detached houses are smaller than THE LODGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Seaton.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.145 of an acre, or 587m². 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 CHERRY DRIVE in SEATON, in the EX12 postcode district. The below map shows the position of THE LODGE on CHERRY DRIVE.