277, SPIES LANE, HALESOWEN, B62 9BN - £260,000

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

277 SPIES LANE is a midsized extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £260,000 in August 2016, which was around 11% above the average August 2016 detached price in the Dudley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

277 SPIES LANE Sold Prices

Land registry data shows three sales for 277 SPIES 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. All of the three 277 SPIES 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
2016 15 AUG	£260,000	£234,115	11% above HPI
2007 20 APR	£245,000	£208,751	17% above HPI
2000 14 JUL	£111,000	£101,260	10% above HPI

277 SPIES 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 277 SPIES LANE sales between July 2000 and August 2016 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 2007 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 277 SPIES LANE?

277 SPIES LANE is 102m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 277 SPIES LANE lies on this distribution: 47% of detached houses are smaller than 277 SPIES LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

277 SPIES LANE: Plot and Title Map

277 SPIES LANE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 277 SPIES 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 277 SPIES 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 277 SPIES LANE?

277 SPIES LANE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 277 on SPIES LANE.