15, PENNYHILL LANE, WEST BROMWICH, B71 3RP - £220,000

15 PENNYHILL LANE is a very small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £220,000 in November 2015, which was around 11% above the average November 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

15 PENNYHILL LANE Sold Prices

Land registry data shows two sales for 15 PENNYHILL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. One of the two 15 PENNYHILL LANE sales was for above the average price, whilst the other was 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
2015 6 NOV	£220,000	£198,532	11% above HPI
2014 29 SEP	£170,000	£181,378	6% below HPI

15 PENNYHILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 15 PENNYHILL LANE sales from September 2014 and November 2015 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 September 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 15 PENNYHILL LANE?

15 PENNYHILL LANE is 79m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 15 PENNYHILL LANE lies on this distribution: 14% of detached houses are smaller than 15 PENNYHILL LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

15 PENNYHILL LANE: Plot and Title Map

15 PENNYHILL LANE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 15 PENNYHILL 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 15 PENNYHILL 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 15 PENNYHILL LANE?

15 PENNYHILL LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 15 on PENNYHILL LANE.