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
38 COLLEY LANE is a small extended semi-detached house of 82m², built sometime between 1900 and 1929. It was last sold for £83,000 in March 2016, which was around 62% below the average March 2016 detached price in the Dudley local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 38 COLLEY LANE since 1st 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 38 COLLEY 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 |
---|---|---|---|
2016 30 MAR | £83,000 | £219,318 | 62% below HPI |
2000 5 JAN | £27,500 | £94,450 | 71% below HPI |
The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 38 COLLEY LANE sales from January 2000 and March 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 January 2000 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the March 2016 sale, where it rises to 62% below the HPI. The line then continues to track at 62% below the HPI.
38 COLLEY LANE is 82m², which includes one extension, according to the EPC inspection conducted in February 2024. 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 38 COLLEY LANE lies on this distribution: 21% of detached houses are smaller than 38 COLLEY LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Halesowen.
38 COLLEY LANE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of 38 COLLEY 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 38 COLLEY 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.
38 COLLEY LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 38 on COLLEY LANE.