124, SPIES LANE, HALESOWEN, B62 9SR - £330,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

124 SPIES LANE is a small extended semi-detached house of 96m², built sometime between 1930 and 1949, which could now be worth an estimated £350,008. It was last sold for £330,000 in April 2023, which was around 50% above the average April 2023 semi-detached price in the Dudley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

124 SPIES LANE Sold Prices

Land registry data shows three sales for 124 SPIES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Two of the three 124 SPIES LANE sales were for above the average price, whilst one was 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 19 APR	£330,000	£219,448	50% above HPI
2003 7 JUL	£150,000	£98,863	52% above HPI
1997 21 FEB	£40,000	£46,444	14% below HPI

124 SPIES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The three 124 SPIES LANE sales between February 1997 and April 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 July 2003 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the April 2023 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 124 SPIES LANE be worth now?

124 SPIES LANE might now be worth an estimated £350,008.

This is based on house price inflation of 6.1%, between April 2023 and February 2025, for semi-detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.1% inflationary increase is applied to the most recent sale price for 124 SPIES LANE of £330,000 on 19th April 2023. For the value to have increased from £330,000 to £350,008 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 124 SPIES LANE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The April 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 124 SPIES LANE has not materially changed since April 2023.

How Large is 124 SPIES LANE?

124 SPIES LANE is 96m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% of semi-detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halesowen, and where 124 SPIES LANE lies on this distribution: 39% of semi-detached houses houses are smaller than 124 SPIES LANE, and 60% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

124 SPIES LANE: Plot and Title Map

124 SPIES LANE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 124 SPIES 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 124 SPIES 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 124 SPIES LANE?

124 SPIES LANE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 124 on SPIES LANE.