241, SPIES LANE, HALESOWEN, B62 9SL - £405,000

241 SPIES LANE is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £405,000 in January 2019, which was around 54% above the average January 2019 detached price in the Dudley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

241 SPIES LANE Sold Prices

Land registry data shows three sales for 241 SPIES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 241 SPIES 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
2019 16 JAN	£405,000	£262,836	54% above HPI
1999 25 JUN	£123,000	£89,953	37% above HPI
1997 25 JUL	£90,000	£81,800	10% above HPI

241 SPIES LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 241 SPIES LANE sales between July 1997 and January 2019 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 June 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2019 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 241 SPIES LANE?

241 SPIES LANE is 165m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 10% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 241 SPIES LANE lies on this distribution: 92% of detached houses are smaller than 241 SPIES LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

241 SPIES LANE: Plot and Title Map

241 SPIES LANE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 241 SPIES 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 241 SPIES 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 241 SPIES LANE?

241 SPIES LANE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 241 on SPIES LANE.