55, BANNERS LANE, HALESOWEN, B63 2AX - £319,020

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

55 BANNERS LANE is a small semi-detached house of 89m², built sometime between 1900 and 1929, which could now be worth an estimated £368,963. It was last sold for £319,020 in February 2022, which was around 57% above the average February 2022 semi-detached price in the Dudley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

55 BANNERS LANE Sold Prices

Land registry data shows two sales for 55 BANNERS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dudley local authority area for the corresponding sale date. Both of the two 55 BANNERS LANE sales were for above 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
2022 11 FEB	£319,020	£202,801	57% above HPI
2017 28 JUL	£212,500	£154,728	37% above HPI

55 BANNERS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dudley local authority area over time, sourced from the HPI. The two 55 BANNERS LANE sales from July 2017 and February 2022 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 July 2017 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the February 2022 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 55 BANNERS LANE be worth now?

55 BANNERS LANE might now be worth an estimated £368,963.

This is based on house price inflation of 15.7%, between February 2022 and March 2025, for semi-detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 55 BANNERS LANE of £319,020 on 11th February 2022. For the value to have increased from £319,020 to £368,963 over the two years and eleven months to March 2025, the following assumptions must hold true:

• The value of 55 BANNERS LANE has moved in line with the HPI for semi-detached houses in the Dudley local authority area.
• The February 2022 sale price of £319,020 represented a fair market value for the property.
• The size, condition, and specification of 55 BANNERS LANE has not materially changed since February 2022.

How Large is 55 BANNERS LANE?

55 BANNERS LANE is 89m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of semi-detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halesowen, and where 55 BANNERS LANE lies on this distribution: 30% of semi-detached houses houses are smaller than 55 BANNERS LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

55 BANNERS LANE: Plot and Title Map

55 BANNERS LANE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 55 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 55 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.

Where is 55 BANNERS LANE?

55 BANNERS LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 55 on BANNERS LANE.