3, MOGUL LANE, HALESOWEN, B63 2QQ - £170,000

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

3 MOGUL LANE is a very small detached house of 71m², built sometime between 1983 and 1990. It was last sold for £170,000 in June 2017, which was around 30% below the average June 2017 detached price in the Dudley local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

3 MOGUL LANE Sold Prices

Land registry data shows two sales for 3 MOGUL 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 3 MOGUL LANE sales were for below 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
2017 30 JUN	£170,000	£241,618	30% below HPI
2004 24 SEP	£145,000	£191,540	24% below HPI

3 MOGUL 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 3 MOGUL LANE sales from September 2004 and June 2017 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 September 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 MOGUL LANE?

3 MOGUL LANE is 71m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 3 MOGUL LANE lies on this distribution: 13% of detached houses are smaller than 3 MOGUL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

3 MOGUL LANE: Plot and Title Map

3 MOGUL LANE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 3 MOGUL 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 3 MOGUL 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 3 MOGUL LANE?

3 MOGUL LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 3 on MOGUL LANE.