31, SCHOOL LANE, HAGLEY, STOURBRIDGE, DY9 9LD - £455,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

31 SCHOOL LANE is a midsized extended semi-detached house of 145m², built sometime between 1950 and 1966. It was last sold for £455,000 in June 2016, which was around 23% above the average June 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

31 SCHOOL LANE Sold Prices

Land registry data shows three sales for 31 SCHOOL 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 Bromsgrove local authority area for the corresponding sale date. Two of the three 31 SCHOOL LANE sales were for above the average price, whilst one was 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
2016 21 JUN	£455,000	£371,286	23% above HPI
2009 30 OCT	£415,000	£294,307	41% above HPI
2006 30 AUG	£249,950	£300,964	17% below HPI

31 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 31 SCHOOL LANE sales between August 2006 and June 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 October 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2016 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 31 SCHOOL LANE?

31 SCHOOL LANE is 145m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 31 SCHOOL LANE lies on this distribution: 44% of detached houses are smaller than 31 SCHOOL LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hagley.

31 SCHOOL LANE: Plot and Title Map

31 SCHOOL LANE sits on a plot of roughly 0.090 of an acre, or 366m². The below map shows the location of 31 SCHOOL 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 31 SCHOOL 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 31 SCHOOL LANE?

31 SCHOOL LANE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 31 on SCHOOL LANE.