11, SCHOOL LANE, HAGLEY, STOURBRIDGE, DY9 9LD - £275,000

11 SCHOOL LANE is a very small extended detached house of 56m², built sometime between 1900 and 1929. It was last sold for £275,000 in July 2022, which was around 47% below the average July 2022 detached price in the Bromsgrove 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.

11 SCHOOL LANE Sold Prices

Land registry data shows five sales for 11 SCHOOL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the five 11 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 22 JUL	£275,000	£519,096	47% below HPI
2019 16 AUG	£252,500	£436,085	42% below HPI
2007 16 FEB	£242,500	£307,131	21% below HPI
2004 28 JUL	£125,000	£272,353	54% below HPI
1995 27 MAR	£49,000	£104,245	53% below HPI

11 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 five 11 SCHOOL LANE sales between March 1995 and July 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 August 2019 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 11 SCHOOL LANE?

11 SCHOOL LANE is 56m², which includes one extension, according to the EPC inspection conducted in February 2011. 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 11 SCHOOL LANE lies on this distribution: 1% of detached houses are smaller than 11 SCHOOL LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hagley.

11 SCHOOL LANE: Plot and Title Map

11 SCHOOL LANE sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 11 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 11 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 11 SCHOOL LANE?

11 SCHOOL LANE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 11 on SCHOOL LANE.