4, LILAC WAY, HALESOWEN, B62 9BH - £230,000

4 LILAC WAY is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £230,000 in April 2018, which was around 10% below the average April 2018 detached price in the Dudley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

4 LILAC WAY Sold Prices

Land registry data shows two sales for 4 LILAC WAY 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 4 LILAC WAY 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
2018 5 APR	£230,000	£255,352	10% below HPI
2013 17 DEC	£154,000	£202,729	24% below HPI

4 LILAC WAY 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 4 LILAC WAY sales from December 2013 and April 2018 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 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 LILAC WAY?

4 LILAC WAY is 65m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 4 LILAC WAY lies on this distribution: 9% of detached houses are smaller than 4 LILAC WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

4 LILAC WAY: Plot and Title Map

4 LILAC WAY sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 4 LILAC WAY, 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 4 LILAC WAY). 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 4 LILAC WAY?

4 LILAC WAY is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 4 on LILAC WAY.