15, LODGE ROAD, PELSALL, WALSALL, WS4 1DE - £287,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 LODGE ROAD is a small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £307,544. It was last sold for £287,500 in May 2022, which was around 10% 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.

15 LODGE ROAD Sold Prices

Land registry data shows two sales for 15 LODGE 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 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	£318,647	10% below HPI
2016 22 DEC	£190,000	£238,239	20% below HPI

15 LODGE ROAD Price Paid vs. HPI Average

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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 LODGE ROAD be worth now?

15 LODGE ROAD might now be worth an estimated £307,544.

This is based on house price inflation of 7%, between May 2022 and February 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 15 LODGE ROAD of £287,500 on 6th May 2022. For the value to have increased from £287,500 to £307,544 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 15 LODGE ROAD has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2022 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 15 LODGE ROAD has not materially changed since May 2022.

How Large is 15 LODGE ROAD?

15 LODGE ROAD is 88m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses houses in Shelfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shelfield, and where 15 LODGE ROAD lies on this distribution: 21% of detached houses 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: Plot and Title Map

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.

Where is 15 LODGE ROAD?

15 LODGE ROAD is located in PELSALL, in the WS4 postcode district. The below map shows the position of No. 15 on LODGE ROAD.