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
44A MINCING LANE is a very large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £152,000 in June 2016, which was around 27% below the average June 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 44A MINCING LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Both of the two 44A MINCING 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 3 JUN | £152,000 | £207,408 | 27% below HPI |
2004 24 SEP | £168,500 | £172,292 | 2% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 44A MINCING LANE sales from September 2004 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 September 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
44A MINCING LANE is 127m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 20% of detached houses in Rowley Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Rowley Regis, and where 44A MINCING LANE lies on this distribution: 89% of detached houses are smaller than 44A MINCING LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.
44A MINCING LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 44A MINCING 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 44A MINCING 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.
44A MINCING LANE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 44A on MINCING LANE.