138, LODGEFIELD ROAD, HALESOWEN, B62 8TN - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

138 LODGEFIELD ROAD is a small detached house of 82m², built sometime between 1983 and 1990. It was last sold for £300,000 in November 2022, which was around 15% below the average November 2022 detached price in the Dudley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

138 LODGEFIELD ROAD Sold Prices

Land registry data shows two sales for 138 LODGEFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 138 LODGEFIELD 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
2022 4 NOV	£300,000	£352,248	15% below HPI
2018 11 MAY	£235,000	£252,574	7% below HPI

138 LODGEFIELD ROAD 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 two 138 LODGEFIELD ROAD sales from May 2018 and November 2022 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 May 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 138 LODGEFIELD ROAD?

138 LODGEFIELD ROAD is 82m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 138 LODGEFIELD ROAD lies on this distribution: 21% of detached houses are smaller than 138 LODGEFIELD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

138 LODGEFIELD ROAD: Plot and Title Map

138 LODGEFIELD ROAD sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 138 LODGEFIELD 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 138 LODGEFIELD 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.

Where is 138 LODGEFIELD ROAD?

138 LODGEFIELD ROAD is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 138 on LODGEFIELD ROAD.