The error seems similar, but with version 1.14.
I can't reproduce your error using the RetroPie provided binary package for PPSSPP or a source build for lr-ppsspp. I tried your game and another one, though both are in .iso format. I didn't find a pre-built CSO compressor for armhf and I don't have another OS handy right now.
Not sure what to try next - did you do any OS changes that could impact the normal operations, like overclocking ?