155, HEATH LANE, WEST BROMWICH, B71 2BL - £39,500

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

155 HEATH LANE is a midsized extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £39,500 in January 2007, which was around 80% below the average January 2007 detached price in the Sandwell local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

155 HEATH LANE Sold Prices

Land registry data shows two sales for 155 HEATH 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 155 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
2007 30 JAN	£39,500	£193,809	80% below HPI
1998 22 DEC	£36,000	£74,331	52% below HPI

155 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 two 155 HEATH LANE sales from December 1998 and January 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 December 1998 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2007 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.

How Large is 155 HEATH LANE?

155 HEATH LANE is 101m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% 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 155 HEATH LANE lies on this distribution: 43% of detached houses are smaller than 155 HEATH LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

155 HEATH LANE: Plot and Title Map

155 HEATH LANE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 155 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 155 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 155 HEATH LANE?

155 HEATH LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 155 on HEATH LANE.