THE LODGE, PACKHAM COURT, FARM WAY, WORCESTER PARK, KT4 8RT - £179,500

THE LODGE is a very small detached house of 38m², built sometime between 1967 and 1975. It was last sold for £179,500 in April 2013, which was around 68% below the average April 2013 detached price in the Sutton local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

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 Sutton local authority area for the corresponding sale date. All of the four 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
2013 30 APR	£179,500	£554,542	68% below HPI
2007 14 DEC	£159,999	£552,163	71% below HPI
2000 7 JUL	£95,000	£314,481	70% below HPI
1997 27 MAR	£55,000	£179,181	69% 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 four THE LODGE sales between March 1997 and April 2013 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 2007 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the April 2013 sale, where it rises to 68% below the HPI. The line then continues to track at 68% below the HPI.

How Large is THE LODGE?

THE LODGE is 38m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where THE LODGE lies on this distribution: Less than 1% of detached houses are smaller than THE LODGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in London.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.016 of an acre, or 63m². 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, PACKHAM COURT is located on FARM WAY in WORCESTER PARK, in the KT4 postcode district. The below map shows the position of THE LODGE, PACKHAM COURT on FARM WAY.