15, LODGE CLOSE, BEWDLEY, DY12 1DN - £275,000

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

15 LODGE CLOSE is a very small detached house of 57m², built sometime between 1967 and 1975. It was last sold for £275,000 in July 2023, which was around 27% below the average July 2023 detached price in the Wyre Forest local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

15 LODGE CLOSE Sold Prices

Land registry data shows two sales for 15 LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Wyre Forest local authority area for the corresponding sale date. Both of the two 15 LODGE CLOSE 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
2023 14 JUL	£275,000	£377,379	27% below HPI
2000 18 SEP	£96,000	£122,264	21% below HPI

15 LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wyre Forest local authority area over time, sourced from the HPI. The two 15 LODGE CLOSE sales from September 2000 and July 2023 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 September 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 15 LODGE CLOSE?

15 LODGE CLOSE is 57m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Bewdley, based on EPC data. The below chart shows the distribution of detached houses by size in Bewdley, and where 15 LODGE CLOSE lies on this distribution: 3% of detached houses are smaller than 15 LODGE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bewdley.

15 LODGE CLOSE: Plot and Title Map

15 LODGE CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 15 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 15 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 15 LODGE CLOSE?

15 LODGE CLOSE is located in BEWDLEY, in the DY12 postcode district. The below map shows the position of No. 15 on LODGE CLOSE.