162, LODGE LANE, BRIDGNORTH, WV15 5BH - £172,500

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

162 LODGE LANE is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £172,500 in September 2016, which was around 40% below the average September 2016 detached price in the Shropshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

162 LODGE LANE Sold Prices

Land registry data shows two sales for 162 LODGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 162 LODGE LANE 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
2016 20 SEP	£172,500	£288,646	40% below HPI
1997 8 DEC	£58,000	£94,298	38% below HPI

162 LODGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two 162 LODGE LANE sales from December 1997 and September 2016 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 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 162 LODGE LANE?

162 LODGE LANE is 76m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 20% of detached houses in Bridgnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Bridgnorth, and where 162 LODGE LANE lies on this distribution: 13% of detached houses are smaller than 162 LODGE LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bridgnorth.

162 LODGE LANE: Plot and Title Map

162 LODGE LANE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 162 LODGE LANE, 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 162 LODGE LANE). 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 162 LODGE LANE?

162 LODGE LANE is located in BRIDGNORTH, in the WV15 postcode district. The below map shows the position of No. 162 on LODGE LANE.