24, MINCING LANE, ROWLEY REGIS, B65 9QE - £182,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 MINCING LANE is a small semi-detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £225,553. It was last sold for £182,000 in June 2021, which was around 4% above the average June 2021 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was B.

24 MINCING LANE Sold Prices

Land registry data shows two sales for 24 MINCING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. One of the two 24 MINCING 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
2021 23 JUN	£182,000	£175,359	4% above HPI
2019 19 AUG	£147,000	£153,979	5% below HPI

24 MINCING LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 24 MINCING LANE sales from August 2019 and June 2021 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 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 24 MINCING LANE be worth now?

24 MINCING LANE might now be worth an estimated £225,553.

This is based on house price inflation of 23.9%, between June 2021 and February 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for 24 MINCING LANE of £182,000 on 23rd June 2021. For the value to have increased from £182,000 to £225,553 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 24 MINCING LANE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The June 2021 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 24 MINCING LANE has not materially changed since June 2021.

How Large is 24 MINCING LANE?

24 MINCING LANE is 72m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 30% of semi-detached houses houses in Blackheath, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Blackheath, and where 24 MINCING LANE lies on this distribution: 21% of semi-detached houses houses are smaller than 24 MINCING LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Blackheath.

24 MINCING LANE: Plot and Title Map

24 MINCING LANE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 24 MINCING 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 24 MINCING 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 24 MINCING LANE?

24 MINCING LANE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 24 on MINCING LANE.