21, MASTERS LANE, HALESOWEN, B62 9HE - £222,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 MASTERS LANE is a midsized extended semi-detached house of 100m², built sometime before 1900, which could now be worth an estimated £285,534. It was last sold for £222,500 in August 2020, which was around 23% above the average August 2020 semi-detached price in the Dudley local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

21 MASTERS LANE Sold Prices

Land registry data shows two sales for 21 MASTERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Both of the two 21 MASTERS 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
2020 26 AUG	£222,500	£181,371	23% above HPI
1995 13 APR	£54,000	£46,351	17% above HPI

21 MASTERS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The two 21 MASTERS LANE sales from April 1995 and August 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 April 1995 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2020 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 21 MASTERS LANE be worth now?

21 MASTERS LANE might now be worth an estimated £285,534.

This is based on house price inflation of 28.3%, between August 2020 and February 2025, for semi-detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.3% inflationary increase is applied to the most recent sale price for 21 MASTERS LANE of £222,500 on 26th August 2020. For the value to have increased from £222,500 to £285,534 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 21 MASTERS LANE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The August 2020 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 21 MASTERS LANE has not materially changed since August 2020.

How Large is 21 MASTERS LANE?

21 MASTERS LANE is 100m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 50% of semi-detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halesowen, and where 21 MASTERS LANE lies on this distribution: 45% of semi-detached houses houses are smaller than 21 MASTERS LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

21 MASTERS LANE: Plot and Title Map

21 MASTERS LANE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 21 MASTERS 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 21 MASTERS 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 21 MASTERS LANE?

21 MASTERS LANE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 21 on MASTERS LANE.