2, LOWFIELD CLOSE, HALESOWEN, B62 0EZ - £250,000

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 LOWFIELD CLOSE is a large extended detached house of 160m², built sometime between 1983 and 1990. It was last sold for £250,000 in January 2014, which was around 3% below the average January 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

2 LOWFIELD CLOSE Sold Prices

Land registry data shows two sales for 2 LOWFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. One of the two 2 LOWFIELD CLOSE 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
2014 31 JAN	£250,000	£258,442	3% below HPI
2002 31 MAY	£194,000	£158,644	22% above HPI

2 LOWFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 2 LOWFIELD CLOSE sales from May 2002 and January 2014 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 May 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the January 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 LOWFIELD CLOSE?

2 LOWFIELD CLOSE is 160m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 2 LOWFIELD CLOSE lies on this distribution: 80% of detached houses are smaller than 2 LOWFIELD CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 LOWFIELD CLOSE: Plot and Title Map

2 LOWFIELD CLOSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 2 LOWFIELD CLOSE, 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 LOWFIELD CLOSE). 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 LOWFIELD CLOSE?

2 LOWFIELD CLOSE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 2 on LOWFIELD CLOSE.