291, SPIES LANE, HALESOWEN, B62 9BN - £250,000

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.

291 SPIES LANE is a small terraced house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £336,207. It was last sold for £250,000 in October 2018, which was around 80% above the average October 2018 terraced price in the Dudley local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

291 SPIES LANE Sold Prices

Land registry data shows three sales for 291 SPIES LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dudley local authority area for the corresponding sale date. All of the three 291 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
2018 19 OCT	£250,000	£139,252	80% above HPI
2005 25 APR	£172,500	£101,874	69% above HPI
2004 8 APR	£90,000	£88,480	2% above HPI

291 SPIES LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dudley local authority area over time, sourced from the HPI. The three 291 SPIES LANE sales between April 2004 and October 2018 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 April 2005 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the October 2018 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 291 SPIES LANE be worth now?

291 SPIES LANE might now be worth an estimated £336,207.

This is based on house price inflation of 34.5%, between October 2018 and June 2025, for terraced houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.5% inflationary increase is applied to the most recent sale price for 291 SPIES LANE of £250,000 on 19th October 2018. For the value to have increased from £250,000 to £336,207 over the seven years and four months to June 2025, the following assumptions must hold true:

• The value of 291 SPIES LANE has moved in line with the HPI for terraced houses in the Dudley local authority area.
• The October 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 291 SPIES LANE has not materially changed since October 2018.

How Large is 291 SPIES LANE?

291 SPIES LANE is 88m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of terraced houses houses in Halesowen, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halesowen, and where 291 SPIES LANE lies on this distribution: 27% of terraced houses houses are smaller than 291 SPIES LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

291 SPIES LANE: Plot and Title Map

291 SPIES LANE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 291 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 291 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 291 SPIES LANE?

291 SPIES LANE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 291 on SPIES LANE.