SHENLEA, LEASOWES LANE, HALESOWEN, B62 8QE - £550,000

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

SHENLEA is a very large extended detached house of 148m², built sometime between 1930 and 1949. It was last sold for £550,000 in November 2018, which was around 109% above the average November 2018 detached price in the Dudley local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was C.

SHENLEA Sold Prices

Land registry data shows three sales for SHENLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three SHENLEA 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 19 NOV	£550,000	£263,675	109% above HPI
2016 31 MAR	£499,950	£219,318	128% above HPI
2011 12 DEC	£322,000	£194,714	65% above HPI

SHENLEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three SHENLEA sales between December 2011 and November 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 March 2016 sale was for 128% above the HPI. So the extrapolation line tracks at 128% above the HPI over time, until the November 2018 sale, where it falls to 109% above the HPI. The line then continues to track at 109% above the HPI.

How Large is SHENLEA?

SHENLEA is 148m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where SHENLEA lies on this distribution: 87% of detached houses are smaller than SHENLEA, and 13% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

SHENLEA: Plot and Title Map

SHENLEA sits on a plot of roughly 0.193 of an acre, or 783m². The below map shows the location of SHENLEA, 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 SHENLEA). 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 SHENLEA?

SHENLEA is located on LEASOWES LANE in HALESOWEN, in the B62 postcode district. The below map shows the position of SHENLEA on LEASOWES LANE.