69, BANNERS LANE, HALESOWEN, B63 2AU - £230,000

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

69 BANNERS LANE is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £230,000 in August 2019, which was around 16% below the average August 2019 detached price in the Dudley local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

69 BANNERS LANE Sold Prices

Land registry data shows four sales for 69 BANNERS 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 69 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 23 AUG	£230,000	£273,337	16% below HPI
2017 26 OCT	£220,000	£248,690	12% below HPI
2012 29 AUG	£170,000	£198,985	15% below HPI
2005 22 APR	£148,000	£192,335	23% below HPI

69 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 four 69 BANNERS LANE sales between April 2005 and August 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 October 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 69 BANNERS LANE?

69 BANNERS LANE is 85m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 69 BANNERS LANE lies on this distribution: 24% of detached houses are smaller than 69 BANNERS LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

69 BANNERS LANE: Plot and Title Map

69 BANNERS LANE sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 69 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 69 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 69 BANNERS LANE?

69 BANNERS LANE is located in HALESOWEN, in the B63 postcode district. The below map shows the position of No. 69 on BANNERS LANE.