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
87 POOL LANE is a small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £156,000 in March 2012, which was around 8% below the average March 2012 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 87 POOL 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 87 POOL 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 |
---|---|---|---|
2012 9 MAR | £156,000 | £169,630 | 8% below HPI |
2007 20 APR | £170,000 | £192,116 | 12% below HPI |
2006 26 MAY | £156,000 | £180,927 | 14% below HPI |
2000 15 DEC | £79,000 | £87,698 | 10% 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 87 POOL LANE sales between December 2000 and March 2012 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 April 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2012 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
87 POOL LANE is 84m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Oldbury, based on EPC data. The below chart shows the distribution of detached houses by size in Oldbury, and where 87 POOL LANE lies on this distribution: 33% of detached houses are smaller than 87 POOL LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Oldbury.
87 POOL LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 87 POOL 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 87 POOL 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.
87 POOL LANE is located in OLDBURY, in the B69 postcode district. The below map shows the position of No. 87 on POOL LANE.