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
16 POWKE LANE is a large extended detached house of 123m², built sometime between 2003 and 2006. It was last sold for £220,000 in December 2018, which was around 10% below the average December 2018 detached price in the Sandwell local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 16 POWKE 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. One of the two 16 POWKE LANE sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2018 14 DEC | £220,000 | £243,670 | 10% below HPI |
2005 25 NOV | £213,000 | £179,608 | 19% above HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 16 POWKE LANE sales from November 2005 and December 2018 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 November 2005 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the December 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
16 POWKE LANE is 123m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Blackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Blackheath, and where 16 POWKE LANE lies on this distribution: 64% of detached houses are smaller than 16 POWKE LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Blackheath.
16 POWKE LANE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 16 POWKE 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 16 POWKE 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.
16 POWKE LANE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 16 on POWKE LANE.