15, MASTERS LANE, HALESOWEN, B62 9HE - £154,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 MASTERS LANE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £154,950 in August 2007, which was around 28% below the average August 2007 detached price in the Dudley local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

15 MASTERS LANE Sold Prices

Land registry data shows two sales for 15 MASTERS 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 15 MASTERS 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
2007 8 AUG	£154,950	£215,370	28% below HPI
1997 1 SEP	£69,950	£83,434	16% below HPI

15 MASTERS 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 15 MASTERS LANE sales from September 1997 and August 2007 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 September 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2007 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 MASTERS LANE?

15 MASTERS LANE is 78m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 15 MASTERS LANE lies on this distribution: 17% of detached houses are smaller than 15 MASTERS LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

15 MASTERS LANE: Plot and Title Map

15 MASTERS LANE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 15 MASTERS 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 15 MASTERS 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 15 MASTERS LANE?

15 MASTERS LANE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 15 on MASTERS LANE.