Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
127 LODGE ROAD is a very small extended detached house of 104m², built sometime between 1900 and 1929. It was last sold for £322,000 in July 2019, which was around 32% below the average July 2019 detached price in the Solihull local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 127 LODGE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the five 127 LODGE ROAD 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 |
---|---|---|---|
2019 31 JUL | £322,000 | £473,736 | 32% below HPI |
2018 10 JAN | £370,000 | £458,859 | 19% below HPI |
2005 1 DEC | £233,660 | £325,177 | 28% below HPI |
2005 24 JAN | £182,500 | £324,338 | 44% below HPI |
2002 25 OCT | £155,000 | £257,069 | 40% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The five 127 LODGE ROAD sales between October 2002 and July 2019 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 January 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
127 LODGE ROAD is 104m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses by size in Knowle, and where 127 LODGE ROAD lies on this distribution: 19% of detached houses are smaller than 127 LODGE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Knowle.
127 LODGE ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 127 LODGE ROAD, 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 127 LODGE ROAD). 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.
127 LODGE ROAD is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 127 on LODGE ROAD.