LODGE, PARK MOUNT, STOURBRIDGE ROAD, WOMBOURNE, WOLVERHAMPTON, WV5 0JN - £540,000

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

LODGE is a large detached house of 140m², built sometime between 1976 and 1982. It was last sold for £540,000 in August 2022, which was around 34% above the average August 2022 detached price in the South Staffordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

LODGE Sold Prices

Land registry data shows four sales for LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the four LODGE 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
2022 2 AUG	£540,000	£403,614	34% above HPI
2019 30 SEP	£450,000	£328,152	37% above HPI
2018 16 MAY	£340,000	£310,641	9% above HPI
1999 16 APR	£180,000	£105,845	70% above HPI

LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The four LODGE sales between April 1999 and August 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 September 2019 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2022 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is LODGE?

LODGE is 140m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% of detached houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses by size in Wombourne, and where LODGE lies on this distribution: 79% of detached houses are smaller than LODGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Wombourne.

LODGE: Plot and Title Map

LODGE sits on a plot of roughly 0.542 of an acre, or 2,193m². The below map shows the location of LODGE, 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 LODGE). 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 LODGE?

LODGE, PARK MOUNT is located on STOURBRIDGE ROAD in WOMBOURNE, in the WV5 postcode district. The below map shows the position of LODGE, PARK MOUNT on STOURBRIDGE ROAD.