9, SCHOOL LANE, HAGLEY, STOURBRIDGE, DY9 9LD - £230,000

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

9 SCHOOL LANE is a very small detached house of 68m², built sometime before 1900. It was last sold for £230,000 in March 2022, which was around 53% below the average March 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2009, where the current energy rating was F, and the potential energy rating was E.

9 SCHOOL LANE Sold Prices

Land registry data shows four sales for 9 SCHOOL 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 Bromsgrove local authority area for the corresponding sale date. All of the four 9 SCHOOL 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
2022 11 MAR	£230,000	£493,886	53% below HPI
2005 8 APR	£170,000	£283,366	40% below HPI
2004 31 MAR	£130,000	£262,861	51% below HPI
1995 27 JAN	£45,000	£102,087	56% below HPI

9 SCHOOL 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 four 9 SCHOOL LANE sales between January 1995 and March 2022 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 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2022 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 9 SCHOOL LANE?

9 SCHOOL LANE is 68m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 9 SCHOOL LANE lies on this distribution: 2% of detached houses are smaller than 9 SCHOOL LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Hagley.

9 SCHOOL LANE: Plot and Title Map

9 SCHOOL LANE sits on a plot of roughly 0.008 of an acre, or 31m². The below map shows the location of 9 SCHOOL 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 9 SCHOOL 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 9 SCHOOL LANE?

9 SCHOOL LANE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 9 on SCHOOL LANE.