50, COLES LANE, WEST BROMWICH, B71 2QJ - £190,000

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

50 COLES LANE is a very small extended semi-detached house of 73m², built sometime between 1930 and 1949. It was last sold for £190,000 in December 2021, which was around 37% below the average December 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

50 COLES LANE Sold Prices

Land registry data shows five sales for 50 COLES LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the five 50 COLES 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
2021 3 DEC	£190,000	£299,349	37% below HPI
2021 26 AUG	£184,000	£290,999	37% below HPI
2005 14 JAN	£135,000	£173,636	22% below HPI
1997 27 MAR	£48,500	£68,487	29% below HPI
1995 3 NOV	£50,000	£66,030	24% below HPI

50 COLES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The five 50 COLES LANE sales between November 1995 and December 2021 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 August 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2021 sale, which was also at 37% below the HPI.

How Large is 50 COLES LANE?

50 COLES LANE is 73m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 50 COLES LANE lies on this distribution: 8% of detached houses are smaller than 50 COLES LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

50 COLES LANE: Plot and Title Map

50 COLES LANE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 50 COLES 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 50 COLES 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 50 COLES LANE?

50 COLES LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 50 on COLES LANE.