1A, NEWFIELD LANE, HALESOWEN, B63 3SR - £347,500

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

1A NEWFIELD LANE is a very large extended detached house of 155m², built sometime between 1976 and 1982. It was last sold for £347,500 in July 2020, which was around 24% above the average July 2020 detached price in the Dudley local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

1A NEWFIELD LANE Sold Prices

Land registry data shows three sales for 1A NEWFIELD 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 Dudley local authority area for the corresponding sale date. One of the three 1A NEWFIELD LANE sales was for above the average price, whilst two 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
2020 17 JUL	£347,500	£281,089	24% above HPI
2013 22 FEB	£155,000	£193,188	20% below HPI
2012 6 JUN	£150,000	£195,301	23% below HPI

1A NEWFIELD 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 three 1A NEWFIELD LANE sales between June 2012 and July 2020 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 February 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 1A NEWFIELD LANE?

1A NEWFIELD LANE is 155m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 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 1A NEWFIELD LANE lies on this distribution: 90% of detached houses are smaller than 1A NEWFIELD LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

1A NEWFIELD LANE: Plot and Title Map

1A NEWFIELD LANE sits on a plot of roughly 0.116 of an acre, or 467m². The below map shows the location of 1A NEWFIELD 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 1A NEWFIELD 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 1A NEWFIELD LANE?

1A NEWFIELD LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 1A on NEWFIELD LANE.