57, BANNERS LANE, HALESOWEN, B63 2AU - £300,000

57 BANNERS LANE is a small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £300,000 in January 2023, which was around 15% below the average January 2023 detached price in the Dudley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

57 BANNERS LANE Sold Prices

Land registry data shows two sales for 57 BANNERS 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 57 BANNERS 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
2023 23 JAN	£300,000	£352,078	15% below HPI
2020 5 FEB	£210,000	£270,706	22% below HPI

57 BANNERS 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 57 BANNERS LANE sales from February 2020 and January 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 February 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 57 BANNERS LANE?

57 BANNERS LANE is 86m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 57 BANNERS LANE lies on this distribution: 25% of detached houses are smaller than 57 BANNERS LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

57 BANNERS LANE: Plot and Title Map

57 BANNERS LANE sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 57 BANNERS 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 57 BANNERS 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 57 BANNERS LANE?

57 BANNERS LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 57 on BANNERS LANE.