THE BEECH TREE, LODGE PARK, CLAVERLEY, WOLVERHAMPTON, WV5 7DP - £865,000

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

THE BEECH TREE is a large extended detached house of 165m², built sometime between 1976 and 1982. It was last sold for £865,000 in September 2023, which was around 120% above the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was D.

THE BEECH TREE Sold Prices

Land registry data shows two sales for THE BEECH TREE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two THE BEECH TREE 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
2023 22 SEP	£865,000	£393,176	120% above HPI
2002 25 JAN	£270,000	£141,315	91% above HPI

THE BEECH TREE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The two THE BEECH TREE sales from January 2002 and September 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 January 2002 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the September 2023 sale, where it rises to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is THE BEECH TREE?

THE BEECH TREE is 165m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Claverley, based on EPC data. The below chart shows the distribution of detached houses by size in Claverley, and where THE BEECH TREE lies on this distribution: 68% of detached houses are smaller than THE BEECH TREE, and 32% of houses are larger. Note that EPC data is not available for all properties in Claverley.

THE BEECH TREE: Plot and Title Map

THE BEECH TREE sits on a plot of roughly 0.291 of an acre, or 1,178m². The below map shows the location of THE BEECH TREE, 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 THE BEECH TREE). 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 THE BEECH TREE?

THE BEECH TREE is located on LODGE PARK in CLAVERLEY, in the WV5 postcode district. The below map shows the position of THE BEECH TREE on LODGE PARK.