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
13 MINCING LANE is a very small detached house of 55m², built sometime between 1900 and 1929. It was last sold for £125,000 in April 2024, which was around 62% below the average April 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 13 MINCING LANE since 1st 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 13 MINCING 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 |
---|---|---|---|
2024 16 APR | £125,000 | £326,175 | 62% below HPI |
2003 20 JUN | £65,000 | £134,206 | 52% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 13 MINCING LANE sales from June 2003 and April 2024 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 June 2003 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2024 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.
13 MINCING LANE is 55m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Blackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Blackheath, and where 13 MINCING LANE lies on this distribution: 7% of detached houses are smaller than 13 MINCING LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Blackheath.
13 MINCING LANE sits on a plot of roughly 0.038 of an acre, or 155m². The below map shows the location of 13 MINCING 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 13 MINCING 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.
13 MINCING LANE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 13 on MINCING LANE.