81, LAWRENCE LANE, CRADLEY HEATH, B64 6EU - £175,000

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

81 LAWRENCE LANE is a very large extended detached house of 142m², built sometime before 1900. It was last sold for £175,000 in July 2020, which was around 32% below the average July 2020 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2018, where the current energy rating was F, and the potential energy rating was C.

81 LAWRENCE LANE Sold Prices

Land registry data shows two sales for 81 LAWRENCE 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 Sandwell local authority area for the corresponding sale date. Both of the two 81 LAWRENCE 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
2020 27 JUL	£175,000	£257,556	32% below HPI
2019 28 AUG	£175,000	£244,293	28% below HPI

81 LAWRENCE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 81 LAWRENCE LANE sales from August 2019 and July 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 August 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 81 LAWRENCE LANE?

81 LAWRENCE LANE is 142m², which includes one extension, according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of detached houses in Cradley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Cradley Heath, and where 81 LAWRENCE LANE lies on this distribution: 88% of detached houses are smaller than 81 LAWRENCE LANE, and 12% of houses are larger. Note that EPC data is not available for all properties in Cradley Heath.

81 LAWRENCE LANE: Plot and Title Map

81 LAWRENCE LANE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 81 LAWRENCE 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 81 LAWRENCE 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 81 LAWRENCE LANE?

81 LAWRENCE LANE is located in CRADLEY HEATH, in the B64 postcode district. The below map shows the position of No. 81 on LAWRENCE LANE.