8, LODGE DRIVE, BIRMINGHAM, B26 1SB - £245,000

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.

8 LODGE DRIVE is a midsized extended detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £238,506. It was last sold for £245,000 in February 2023, which was around 45% below the average February 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

8 LODGE DRIVE Sold Prices

Land registry data shows four sales for 8 LODGE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. two of the four 8 LODGE DRIVE sales were for below the average price, and four 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 24 FEB	£245,000	£445,771	45% below HPI
2005 23 NOV	£249,000	£241,888	3% above HPI
2004 30 JUL	£249,995	£231,698	8% above HPI
1997 9 MAY	£86,500	£93,362	7% below HPI

8 LODGE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 8 LODGE DRIVE sales between May 1997 and February 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 November 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 8 LODGE DRIVE be worth now?

8 LODGE DRIVE might now be worth an estimated £238,506.

This is based on house price deflation of 2.7%, between February 2023 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.7% deflationary decrease is applied to the most recent sale price for 8 LODGE DRIVE of £245,000 on 24th February 2023. For the value to have decreased from £245,000 to £238,506 over the two years to February 2025, the following assumptions must hold true:

• The value of 8 LODGE DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The February 2023 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LODGE DRIVE has not materially changed since February 2023.

How Large is 8 LODGE DRIVE?

8 LODGE DRIVE is 121m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 50% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 8 LODGE DRIVE lies on this distribution: 56% of detached houses houses are smaller than 8 LODGE DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 LODGE DRIVE: Plot and Title Map

8 LODGE DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 8 LODGE DRIVE, 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 8 LODGE DRIVE). 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 8 LODGE DRIVE?

8 LODGE DRIVE is located in BIRMINGHAM, in the B26 postcode district. The below map shows the position of No. 8 on LODGE DRIVE.