1, MOGUL LANE, HALESOWEN, B63 2QQ - £186,000

1 MOGUL LANE is a very small extended detached house of 79m², built sometime between 1991 and 1995. It was last sold for £186,000 in January 2019, which was around 29% below the average January 2019 detached price in the Dudley local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

1 MOGUL LANE Sold Prices

Land registry data shows six sales for 1 MOGUL LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the six 1 MOGUL LANE sales were for below 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
2019 16 JAN	£186,000	£262,836	29% below HPI
2015 7 AUG	£152,000	£220,329	31% below HPI
2015 15 MAY	£166,000	£212,870	22% below HPI
2009 10 JUL	£142,000	£192,898	26% below HPI
2009 19 JAN	£165,000	£191,894	14% below HPI
1995 17 FEB	£59,995	£77,741	23% below HPI

1 MOGUL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The six 1 MOGUL LANE sales between February 1995 and January 2019 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 1 MOGUL LANE?

1 MOGUL LANE is 79m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 1 MOGUL LANE lies on this distribution: 18% of detached houses are smaller than 1 MOGUL LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

1 MOGUL LANE: Plot and Title Map

1 MOGUL LANE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 1 MOGUL LANE, 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 1 MOGUL LANE). 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 1 MOGUL LANE?

1 MOGUL LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 1 on MOGUL LANE.