Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
52 BANNERS LANE is a small extended detached house of 88m², built sometime between 1900 and 1929. It was last sold for £110,000 in October 2009, which was around 45% below the average October 2009 detached price in the Dudley local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 52 BANNERS 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 52 BANNERS 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 |
---|---|---|---|
2009 22 OCT | £110,000 | £201,147 | 45% below HPI |
1995 20 JAN | £39,500 | £77,457 | 49% 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 52 BANNERS LANE sales from January 1995 and October 2009 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 1995 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the October 2009 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.
52 BANNERS LANE is 88m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 52 BANNERS LANE lies on this distribution: 27% of detached houses are smaller than 52 BANNERS LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Halesowen.
52 BANNERS LANE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 52 BANNERS 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 52 BANNERS 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.
52 BANNERS LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 52 on BANNERS LANE.