289, SPIES LANE, HALESOWEN, B62 9BN - £480,000

289 SPIES LANE is a very large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £480,000 in August 2022, which was around 38% above the average August 2022 detached price in the Dudley local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

289 SPIES LANE Sold Prices

Land registry data shows two sales for 289 SPIES 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 Dudley local authority area for the corresponding sale date. Both of the two 289 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
2022 5 AUG	£480,000	£346,811	38% above HPI
2019 3 MAY	£275,000	£263,977	4% above HPI

289 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 two 289 SPIES LANE sales from May 2019 and August 2022 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 2019 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 289 SPIES LANE?

289 SPIES LANE is 142m², which includes three extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 289 SPIES LANE lies on this distribution: 84% of detached houses are smaller than 289 SPIES LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

289 SPIES LANE: Plot and Title Map

289 SPIES LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 289 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 289 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 289 SPIES LANE?

289 SPIES LANE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 289 on SPIES LANE.