33, PENNYHILL LANE, WEST BROMWICH, B71 3RP - £350,000

33 PENNYHILL LANE is a large detached house of 118m², built sometime between 1950 and 1966. It was last sold for £350,000 in November 2021, which was around 16% above the average November 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

33 PENNYHILL LANE Sold Prices

Land registry data shows three sales for 33 PENNYHILL 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 Sandwell local authority area for the corresponding sale date. All of the three 33 PENNYHILL 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
2021 12 NOV	£350,000	£301,211	16% above HPI
2017 9 FEB	£270,000	£214,757	26% above HPI
1995 31 MAR	£84,500	£62,696	35% above HPI

33 PENNYHILL 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 three 33 PENNYHILL LANE sales between March 1995 and November 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 February 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 33 PENNYHILL LANE?

33 PENNYHILL LANE is 118m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 33 PENNYHILL LANE lies on this distribution: 63% of detached houses are smaller than 33 PENNYHILL LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

33 PENNYHILL LANE: Plot and Title Map

33 PENNYHILL LANE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 33 PENNYHILL 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 33 PENNYHILL 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 33 PENNYHILL LANE?

33 PENNYHILL LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 33 on PENNYHILL LANE.