THE LODGE, HOLLY LANE, SMETHWICK, B67 7JY - £294,000

Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources

THE LODGE is a midsized detached house of 110m², built sometime between 1900 and 1929. It was last sold for £294,000 in July 2008, which was around 53% above the average July 2008 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was E.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two THE 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
2008 18 JUL	£294,000	£191,580	53% above HPI
2006 29 AUG	£210,000	£185,189	13% above HPI

THE LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two THE LODGE sales from August 2006 and July 2008 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 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2008 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is THE LODGE?

THE LODGE is 110m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of detached houses in Smethwick, based on EPC data. The below chart shows the distribution of detached houses by size in Smethwick, and where THE LODGE lies on this distribution: 50% of detached houses are smaller than THE LODGE, and 50% of houses are larger. Note that EPC data is not available for all properties in Smethwick.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of THE 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 THE 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 THE LODGE?

THE LODGE is located on HOLLY LANE in SMETHWICK, in the B67 postcode district. The below map shows the position of THE LODGE on HOLLY LANE.