THE LODGE, CLITHEROE ROAD, WHALLEY, CLITHEROE, BB7 9AD - £370,000

THE LODGE is a very small detached house of 82m², built sometime before 1900. It was last sold for £370,000 in March 2016, which was around 22% above the average March 2016 detached price in the Ribble Valley local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was C.

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 Ribble Valley 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
2016 31 MAR	£370,000	£303,851	22% above HPI
2013 31 OCT	£395,000	£296,023	33% above HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ribble Valley local authority area over time, sourced from the HPI. The two THE LODGE sales from October 2013 and March 2016 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 October 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE LODGE?

THE LODGE is 82m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Whalley, based on EPC data. The below chart shows the distribution of detached houses by size in Whalley, and where THE LODGE lies on this distribution: 9% of detached houses are smaller than THE LODGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Whalley.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.159 of an acre, or 645m². 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 CLITHEROE ROAD in WHALLEY, in the BB7 postcode district. The below map shows the position of THE LODGE on CLITHEROE ROAD.