114, COLES LANE, WEST BROMWICH, B71 2QW - £143,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

114 COLES LANE is a small detached house of 88m², built sometime between 1900 and 1929. It was last sold for £143,000 in February 2018, which was around 38% below the average February 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2011, where the current energy rating was F, and the potential energy rating was D.

114 COLES LANE Sold Prices

Land registry data shows two sales for 114 COLES 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 Sandwell local authority area for the corresponding sale date. Both of the two 114 COLES 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
2018 9 FEB	£143,000	£228,929	38% below HPI
2008 21 NOV	£106,000	£178,212	41% below HPI

114 COLES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 114 COLES LANE sales from November 2008 and February 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 November 2008 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2018 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 114 COLES LANE?

114 COLES LANE is 88m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 30% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 114 COLES LANE lies on this distribution: 27% of detached houses are smaller than 114 COLES LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

114 COLES LANE: Plot and Title Map

114 COLES LANE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 114 COLES 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 114 COLES 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 114 COLES LANE?

114 COLES LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 114 on COLES LANE.