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
34 CHERRY TREE LANE is a small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £375,000 in June 2024, which was around 7% above the average June 2024 detached price in the Dudley local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 34 CHERRY TREE LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. three of the six 34 CHERRY TREE LANE sales were for above the average price, and six 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 |
---|---|---|---|
2024 18 JUN | £375,000 | £351,102 | 7% above HPI |
2019 9 DEC | £295,000 | £273,581 | 8% above HPI |
2013 22 FEB | £173,000 | £193,188 | 10% below HPI |
2007 23 FEB | £178,000 | £205,139 | 13% below HPI |
2001 29 MAR | £110,000 | £106,801 | 3% above HPI |
1999 24 SEP | £40,000 | £92,047 | 57% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The six 34 CHERRY TREE LANE sales between September 1999 and June 2024 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 December 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2024 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.
34 CHERRY TREE LANE is 97m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 40% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 34 CHERRY TREE LANE lies on this distribution: 40% of detached houses are smaller than 34 CHERRY TREE LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Halesowen.
34 CHERRY TREE LANE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 34 CHERRY TREE 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 34 CHERRY TREE 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.
34 CHERRY TREE LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 34 on CHERRY TREE LANE.