56, TROTTERS LANE, WEST BROMWICH, B71 2QD - £191,000

56 TROTTERS LANE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £191,000 in August 2021, which was around 34% below the average August 2021 detached price in the Sandwell local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

56 TROTTERS LANE Sold Prices

Land registry data shows three sales for 56 TROTTERS 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 56 TROTTERS LANE sales were for below 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 20 AUG	£191,000	£288,765	34% below HPI
2018 9 FEB	£145,000	£228,929	37% below HPI
1996 16 FEB	£49,000	£63,189	22% below HPI

56 TROTTERS 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 56 TROTTERS LANE sales between February 1996 and August 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 2018 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 56 TROTTERS LANE?

56 TROTTERS LANE is 78m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% 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 56 TROTTERS LANE lies on this distribution: 13% of detached houses are smaller than 56 TROTTERS LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

56 TROTTERS LANE: Plot and Title Map

56 TROTTERS LANE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 56 TROTTERS 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 56 TROTTERS 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 56 TROTTERS LANE?

56 TROTTERS LANE is located in WEST BROMWICH, in the B71 postcode district. The below map shows the position of No. 56 on TROTTERS LANE.