7, LODGE CLOSE, HALESOWEN, B62 0BG - £620,000

7 LODGE CLOSE is a very large extended detached house of 191m², built sometime between 1976 and 1982. It was last sold for £620,000 in January 2021, which was around 109% above the average January 2021 detached price in the Dudley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 LODGE CLOSE Sold Prices

Land registry data shows three sales for 7 LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 7 LODGE CLOSE 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
2021 7 JAN	£620,000	£295,975	109% above HPI
2001 15 JUN	£249,950	£112,045	123% above HPI
1999 27 AUG	£195,000	£92,049	112% above HPI

7 LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 7 LODGE CLOSE sales between August 1999 and January 2021 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 June 2001 sale was for 123% above the HPI. So the extrapolation line tracks at 123% above the HPI over time, until the January 2021 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is 7 LODGE CLOSE?

7 LODGE CLOSE is 191m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 7 LODGE CLOSE lies on this distribution: 97% of detached houses are smaller than 7 LODGE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

7 LODGE CLOSE: Plot and Title Map

7 LODGE CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 7 LODGE CLOSE, 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 7 LODGE CLOSE). 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 7 LODGE CLOSE?

7 LODGE CLOSE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 7 on LODGE CLOSE.