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
15 LODGE ROAD is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £287,500 in May 2022, which was around 13% below the average May 2022 detached price in the Walsall local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 15 LODGE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Both of the two 15 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 |
---|---|---|---|
2022 6 MAY | £287,500 | £329,342 | 13% below HPI |
2016 22 DEC | £190,000 | £246,235 | 23% below HPI |
The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 15 LODGE ROAD sales from December 2016 and May 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 December 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
15 LODGE ROAD is 88m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses by size in Shelfield, and where 15 LODGE ROAD lies on this distribution: 21% of detached houses are smaller than 15 LODGE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Shelfield.
15 LODGE ROAD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 15 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 15 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.
15 LODGE ROAD is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 15 on LODGE ROAD.