23, COLES LANE, WEST BROMWICH, B71 2QA - £150,000

23 COLES LANE is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £150,000 in February 2007, which was around 22% below the average February 2007 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

23 COLES LANE Sold Prices

Land registry data shows two sales for 23 COLES 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 23 COLES 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
2007 16 FEB	£150,000	£192,582	22% below HPI
2003 9 MAY	£45,000	£133,936	66% below HPI

23 COLES 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 23 COLES LANE sales from May 2003 and February 2007 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 2003 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the February 2007 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 23 COLES LANE?

23 COLES LANE is 94m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% 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 23 COLES LANE lies on this distribution: 35% of detached houses are smaller than 23 COLES LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

23 COLES LANE: Plot and Title Map

23 COLES LANE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 23 COLES 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 23 COLES 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 23 COLES LANE?

23 COLES LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 23 on COLES LANE.