71, LODGE ROAD, WALSALL, WS5 3LA - £445,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

71 LODGE ROAD is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £445,000 in August 2023, which was around 28% above the average August 2023 detached price in the Walsall local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

71 LODGE ROAD Sold Prices

Land registry data shows two sales for 71 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. One of the two 71 LODGE ROAD sales was for above the average price, whilst the other was 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
2023 11 AUG	£445,000	£347,712	28% above HPI
2012 17 AUG	£200,000	£203,056	2% below HPI

71 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 71 LODGE ROAD sales from August 2012 and August 2023 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 August 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 71 LODGE ROAD?

71 LODGE ROAD is 125m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Walsall, based on EPC data. The below chart shows the distribution of detached houses by size in Walsall, and where 71 LODGE ROAD lies on this distribution: 46% of detached houses are smaller than 71 LODGE ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Walsall.

71 LODGE ROAD: Plot and Title Map

71 LODGE ROAD sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of 71 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 71 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 71 LODGE ROAD?

71 LODGE ROAD is located in WALSALL, in the WS5 postcode district. The below map shows the position of No. 71 on LODGE ROAD.