14, HEATH LANE, WEST BROMWICH, B71 2BH - £149,300

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

14 HEATH LANE is a small extended semi-detached house of 95m², built sometime between 1930 and 1949. It was last sold for £149,300 in May 2013, which was around 13% below the average May 2013 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2012, where the current energy rating was E, and the potential energy rating was C.

14 HEATH LANE Sold Prices

Land registry data shows three sales for 14 HEATH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the three 14 HEATH 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
2013 1 MAY	£149,300	£171,796	13% below HPI
2005 24 OCT	£160,000	£179,536	11% below HPI
2004 13 FEB	£106,000	£153,569	31% below HPI

14 HEATH 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 three 14 HEATH LANE sales between February 2004 and May 2013 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 October 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2013 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 14 HEATH LANE?

14 HEATH LANE is 95m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% 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 14 HEATH LANE lies on this distribution: 35% of detached houses are smaller than 14 HEATH LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

14 HEATH LANE: Plot and Title Map

14 HEATH LANE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 14 HEATH 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 14 HEATH 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 14 HEATH LANE?

14 HEATH LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 14 on HEATH LANE.