57, CHERRY TREE LANE, HALESOWEN, B63 1DU - £355,000

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

57 CHERRY TREE LANE is a large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £355,000 in December 2020, which was around 21% above the average December 2020 detached price in the Dudley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

57 CHERRY TREE LANE Sold Prices

Land registry data shows four sales for 57 CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the four 57 CHERRY TREE 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
2020 14 DEC	£355,000	£293,613	21% above HPI
2006 21 SEP	£327,000	£206,363	58% above HPI
2003 11 AUG	£248,000	£166,451	49% above HPI
1999 26 FEB	£125,000	£87,806	42% above HPI

57 CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The four 57 CHERRY TREE LANE sales between February 1999 and December 2020 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 2006 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 57 CHERRY TREE LANE?

57 CHERRY TREE LANE is 133m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the largest 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 57 CHERRY TREE LANE lies on this distribution: 79% of detached houses are smaller than 57 CHERRY TREE LANE, and 20% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

57 CHERRY TREE LANE: Plot and Title Map

57 CHERRY TREE LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 57 CHERRY TREE 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 57 CHERRY TREE 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 57 CHERRY TREE LANE?

57 CHERRY TREE LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 57 on CHERRY TREE LANE.