37, PENNYHILL LANE, WEST BROMWICH, B71 3RP - £370,000

37 PENNYHILL LANE is a large extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £370,000 in March 2022, which was around 19% above the average March 2022 detached price in the Sandwell local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was D.

37 PENNYHILL LANE Sold Prices

Land registry data shows three sales for 37 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 37 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
2022 9 MAR	£370,000	£310,881	19% above HPI
2019 20 SEP	£350,000	£250,312	40% above HPI
1999 12 JAN	£103,000	£74,610	38% above HPI

37 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 37 PENNYHILL LANE sales between January 1999 and March 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 September 2019 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2022 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 37 PENNYHILL LANE?

37 PENNYHILL LANE is 117m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 37 PENNYHILL LANE lies on this distribution: 62% of detached houses are smaller than 37 PENNYHILL LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

37 PENNYHILL LANE: Plot and Title Map

37 PENNYHILL LANE sits on a plot of roughly 0.112 of an acre, or 452m². The below map shows the location of 37 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 37 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 37 PENNYHILL LANE?

37 PENNYHILL LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 37 on PENNYHILL LANE.