THE LAURELS, HIGHFIELD ROAD, HALESOWEN, B63 2DH - £267,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE LAURELS is a small detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £349,288. It was last sold for £267,500 in June 2020, which was about the average June 2020 detached price in the Dudley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. One of the two THE LAURELS sales was roughly equal to the average price, whilst the other was 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
2020 26 JUN	£267,500	£266,865	Close to HPI
2005 14 OCT	£235,000	£192,135	22% above HPI

THE LAURELS 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 two THE LAURELS sales from October 2005 and June 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 October 2005 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the June 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £349,288.

This is based on house price inflation of 30.6%, between June 2020 and February 2025, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.6% inflationary increase is applied to the most recent sale price for THE LAURELS of £267,500 on 26th June 2020. For the value to have increased from £267,500 to £349,288 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Dudley local authority area.
• The June 2020 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since June 2020.

How Large is THE LAURELS?

THE LAURELS is 86m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 30% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where THE LAURELS lies on this distribution: 25% of detached houses houses are smaller than THE LAURELS, and 73% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.107 of an acre, or 431m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on HIGHFIELD ROAD in HALESOWEN, in the B63 postcode district. The below map shows the position of THE LAURELS on HIGHFIELD ROAD.