3, CHERRY TREE LANE, HALESOWEN, B63 1DU - £352,000

3 CHERRY TREE LANE is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £352,000 in February 2020, which was around 30% above the average February 2020 detached price in the Dudley local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

3 CHERRY TREE LANE Sold Prices

Land registry data shows two sales for 3 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 3 CHERRY TREE LANE 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
2020 20 FEB	£352,000	£270,706	30% above HPI
2015 1 DEC	£250,000	£222,742	12% above HPI

3 CHERRY TREE 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 two 3 CHERRY TREE LANE sales from December 2015 and February 2020 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 December 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2020 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 3 CHERRY TREE LANE?

3 CHERRY TREE LANE is 88m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 30% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 3 CHERRY TREE LANE lies on this distribution: 27% of detached houses are smaller than 3 CHERRY TREE LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

3 CHERRY TREE LANE: Plot and Title Map

3 CHERRY TREE LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 3 CHERRY TREE 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 3 CHERRY TREE 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 3 CHERRY TREE LANE?

3 CHERRY TREE LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 3 on CHERRY TREE LANE.