277A, SPIES LANE, HALESOWEN, B62 9BN - £265,000

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

277A SPIES LANE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £265,000 in August 2014, which was around 27% above the average August 2014 detached price in the Dudley local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

277A SPIES LANE Sold Prices

Land registry data shows two sales for 277A SPIES LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. Both of the two 277A 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
2014 8 AUG	£265,000	£208,466	27% above HPI
1997 28 NOV	£125,000	£82,306	52% above HPI

277A 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 two 277A SPIES LANE sales from November 1997 and August 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 November 1997 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the August 2014 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 277A SPIES LANE?

277A SPIES LANE is 87m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 277A SPIES LANE lies on this distribution: 27% of detached houses are smaller than 277A SPIES LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

277A SPIES LANE: Plot and Title Map

277A SPIES LANE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 277A 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 277A 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 277A SPIES LANE?

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