THE LODGE, OVINGDEAN ROAD, OVINGDEAN, BRIGHTON, BN2 7BB - £305,000

THE LODGE is a large detached house of 139m², built sometime between 1996 and 2002. It was last sold for £305,000 in November 2002, which was around 2% above the average November 2002 detached price in the Brighton and Hove local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows four sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Brighton and Hove local authority area for the corresponding sale date. Most of the four 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
2002 14 NOV	£305,000	£300,241	2% above HPI
2001 23 MAR	£267,500	£219,035	22% above HPI
1999 14 SEP	£217,500	£166,250	31% above HPI
1998 1 OCT	£60,000	£145,578	59% below HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Brighton and Hove local authority area over time, sourced from the HPI. The four THE LODGE sales between October 1998 and November 2002 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 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2002 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE LODGE?

THE LODGE is 139m² according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses in Brighton and Hove, based on EPC data. The below chart shows the distribution of detached houses by size in Brighton and Hove, and where THE LODGE lies on this distribution: 61% of detached houses are smaller than THE LODGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Brighton and Hove.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.095 of an acre, or 384m². 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 OVINGDEAN ROAD in OVINGDEAN, in the BN2 postcode district. The below map shows the position of THE LODGE on OVINGDEAN ROAD.