59, BANNERS LANE, HALESOWEN, B63 2AU - £252,500

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

59 BANNERS LANE is a midsized detached house of 111m², built sometime between 1950 and 1966. It was last sold for £252,500 in September 2019, which was around 8% below the average September 2019 detached price in the Dudley local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

59 BANNERS LANE Sold Prices

Land registry data shows two sales for 59 BANNERS LANE since 1^st 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 59 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
2019 13 SEP	£252,500	£274,419	8% below HPI
1997 7 NOV	£70,000	£82,306	15% below HPI

59 BANNERS 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 two 59 BANNERS LANE sales from November 1997 and September 2019 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 November 1997 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 59 BANNERS LANE?

59 BANNERS LANE is 111m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 59 BANNERS LANE lies on this distribution: 57% of detached houses are smaller than 59 BANNERS LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

59 BANNERS LANE: Plot and Title Map

59 BANNERS LANE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of 59 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 59 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 59 BANNERS LANE?

59 BANNERS LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 59 on BANNERS LANE.