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
69 MINCING LANE is a small extended semi-detached house of 94m², built sometime between 1930 and 1949. It was last sold for £154,000 in July 2016, which was around 26% below the average July 2016 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 69 MINCING LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 69 MINCING 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 |
---|---|---|---|
2016 26 JUL | £154,000 | £208,189 | 26% below HPI |
2015 12 JUN | £140,000 | £188,584 | 26% below HPI |
2011 28 OCT | £148,000 | £177,252 | 17% below HPI |
2005 16 DEC | £139,000 | £181,494 | 23% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 69 MINCING LANE sales between December 2005 and July 2016 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 June 2015 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2016 sale, which was also at 26% below the HPI.
69 MINCING LANE is 94m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the smallest 40% of detached houses in Blackheath, based on EPC data. The below chart shows the distribution of detached houses by size in Blackheath, and where 69 MINCING LANE lies on this distribution: 39% of detached houses are smaller than 69 MINCING LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Blackheath.
69 MINCING LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 69 MINCING 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 MINCING 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.
69 MINCING LANE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 69 on MINCING LANE.