7B, DARK LANE, ROMSLEY, HALESOWEN, B62 0PW - £435,000

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

7B DARK LANE is a very large extended detached house of 156m², built sometime between 1996 and 2002. It was last sold for £435,000 in April 2018, which was around 4% above the average April 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

7B DARK LANE Sold Prices

Land registry data shows three sales for 7B DARK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 7B DARK 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
2018 24 APR	£435,000	£417,688	4% above HPI
2006 18 AUG	£450,000	£300,964	50% above HPI
2003 4 JUN	£305,000	£235,466	30% above HPI

7B DARK LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 7B DARK LANE sales between June 2003 and April 2018 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 August 2006 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 7B DARK LANE?

7B DARK LANE is 156m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 20% of detached houses in Romsley, based on EPC data. The below chart shows the distribution of detached houses by size in Romsley, and where 7B DARK LANE lies on this distribution: 82% of detached houses are smaller than 7B DARK LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Romsley.

7B DARK LANE: Plot and Title Map

7B DARK LANE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 7B DARK 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 7B DARK 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 7B DARK LANE?

7B DARK LANE is located in ROMSLEY, in the B62 postcode district. The below map shows the position of No. 7B on DARK LANE.