2, HALL LANE, HAGLEY, STOURBRIDGE, DY9 9LL - £385,000

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

2 HALL LANE is a very small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £385,000 in November 2015, which was around 8% above the average November 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.

2 HALL LANE Sold Prices

Land registry data shows three sales for 2 HALL 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 Bromsgrove local authority area for the corresponding sale date. All of the three 2 HALL LANE sales were 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
2015 18 NOV	£385,000	£356,956	8% above HPI
2015 29 OCT	£400,000	£354,246	13% above HPI
2008 24 OCT	£375,000	£293,405	28% above HPI

2 HALL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 2 HALL LANE sales between October 2008 and November 2015 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 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2015 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 HALL LANE?

2 HALL LANE is 99m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 2 HALL LANE lies on this distribution: 13% of detached houses are smaller than 2 HALL LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Hagley.

2 HALL LANE: Plot and Title Map

2 HALL LANE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 2 HALL 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 2 HALL 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 2 HALL LANE?

2 HALL LANE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 2 on HALL LANE.