1B, SALTERS LANE, WEST BROMWICH, B71 4BG - £290,000

1B SALTERS LANE is a large detached house of 128m², built sometime between 1996 and 2002. It was last sold for £290,000 in June 2011, which was around 65% above the average June 2011 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

1B SALTERS LANE Sold Prices

Land registry data shows two sales for 1B SALTERS 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. Both of the two 1B SALTERS LANE 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
2011 30 JUN	£290,000	£176,149	65% above HPI
2001 11 MAY	£165,000	£90,754	82% above HPI

1B SALTERS 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 1B SALTERS LANE sales from May 2001 and June 2011 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 May 2001 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the June 2011 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 1B SALTERS LANE?

1B SALTERS LANE is 128m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% 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 1B SALTERS LANE lies on this distribution: 74% of detached houses are smaller than 1B SALTERS LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

1B SALTERS LANE: Plot and Title Map

1B SALTERS LANE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 1B SALTERS 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 1B SALTERS 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 1B SALTERS LANE?

1B SALTERS LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 1B on SALTERS LANE.