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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

LODGE is a large detached house of 140m², built sometime between 1976 and 1982, which could now be worth an estimated £573,781. It was last sold for £540,000 in August 2022, which was around 33% 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	£405,917	33% above HPI
2019 30 SEP	£450,000	£330,024	36% above HPI
2018 16 MAY	£340,000	£312,413	9% above HPI
1999 16 APR	£180,000	£106,448	69% 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 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2022 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might LODGE be worth now?

LODGE might now be worth an estimated £573,781.

This is based on house price inflation of 6.3%, between August 2022 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.3% inflationary increase is applied to the most recent sale price for LODGE of £540,000 on 2nd August 2022. For the value to have increased from £540,000 to £573,781 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of LODGE has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The August 2022 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of LODGE has not materially changed since August 2022.

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 houses in Wombourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wombourne, and where LODGE lies on this distribution: 79% of detached houses 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.