38, LODGE ROAD, WOLVERHAMPTON, WV10 6TH - £196,000

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

38 LODGE ROAD is a small detached house of 93m², built sometime between 1930 and 1949. It was last sold for £196,000 in August 2019, which was around 21% below the average August 2019 detached price in the Wolverhampton local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

38 LODGE ROAD Sold Prices

Land registry data shows three sales for 38 LODGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wolverhampton local authority area for the corresponding sale date. All of the three 38 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
2019 9 AUG	£196,000	£247,801	21% below HPI
2008 28 NOV	£158,000	£188,382	16% below HPI
2000 17 JAN	£67,500	£86,238	22% below HPI

38 LODGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wolverhampton local authority area over time, sourced from the HPI. The three 38 LODGE ROAD sales between January 2000 and August 2019 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 November 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 38 LODGE ROAD?

38 LODGE ROAD is 93m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses in Wolverhampton, based on EPC data. The below chart shows the distribution of detached houses by size in Wolverhampton, and where 38 LODGE ROAD lies on this distribution: 33% of detached houses are smaller than 38 LODGE ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Wolverhampton.

38 LODGE ROAD: Plot and Title Map

38 LODGE ROAD sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 38 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 38 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 38 LODGE ROAD?

38 LODGE ROAD is located in WOLVERHAMPTON, in the WV10 postcode district. The below map shows the position of No. 38 on LODGE ROAD.