7, LODGE CLOSE, HALESOWEN, B62 0BG - £620,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 LODGE CLOSE is a very large extended detached house of 191m², built sometime between 1976 and 1982, which could now be worth an estimated £744,276. It was last sold for £620,000 in January 2021, which was around 115% above the average January 2021 detached price in the Dudley local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 LODGE CLOSE Sold Prices

Land registry data shows three sales for 7 LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 7 LODGE CLOSE sales were for above 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
2021 7 JAN	£620,000	£288,832	115% above HPI
2001 15 JUN	£249,950	£109,341	129% above HPI
1999 27 AUG	£195,000	£89,828	117% above HPI

7 LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 7 LODGE CLOSE sales between August 1999 and January 2021 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 June 2001 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the January 2021 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

What might 7 LODGE CLOSE be worth now?

7 LODGE CLOSE might now be worth an estimated £744,276.

This is based on house price inflation of 20%, between January 2021 and December 2024, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for 7 LODGE CLOSE of £620,000 on 7th January 2021. For the value to have increased from £620,000 to £744,276 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 7 LODGE CLOSE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The January 2021 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LODGE CLOSE has not materially changed since January 2021.

How Large is 7 LODGE CLOSE?

7 LODGE CLOSE is 191m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 7 LODGE CLOSE lies on this distribution: 97% of detached houses houses are smaller than 7 LODGE CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

7 LODGE CLOSE: Plot and Title Map

7 LODGE CLOSE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 7 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 7 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 7 LODGE CLOSE?

7 LODGE CLOSE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 7 on LODGE CLOSE.