54, MIDDLEFIELD LANE, HAGLEY, STOURBRIDGE, DY9 0PX - £330,000

54 MIDDLEFIELD LANE is a small extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £330,000 in April 2022, which was around 35% below the average April 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

54 MIDDLEFIELD LANE Sold Prices

Land registry data shows three sales for 54 MIDDLEFIELD 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 Bromsgrove local authority area for the corresponding sale date. Two of the three 54 MIDDLEFIELD LANE sales were for below the average price, whilst one was 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 29 APR	£330,000	£507,391	35% below HPI
1997 25 APR	£120,000	£114,197	5% above HPI
1995 12 MAY	£95,000	£105,104	10% below HPI

54 MIDDLEFIELD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 54 MIDDLEFIELD LANE sales between May 1995 and April 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 April 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 54 MIDDLEFIELD LANE?

54 MIDDLEFIELD LANE is 128m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 54 MIDDLEFIELD LANE lies on this distribution: 30% of detached houses are smaller than 54 MIDDLEFIELD LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hagley.

54 MIDDLEFIELD LANE: Plot and Title Map

54 MIDDLEFIELD LANE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 54 MIDDLEFIELD 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 54 MIDDLEFIELD 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 54 MIDDLEFIELD LANE?

54 MIDDLEFIELD LANE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 54 on MIDDLEFIELD LANE.