58, MINCING LANE, ROWLEY REGIS, B65 9QF - £170,000

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.

58 MINCING LANE is a very small terraced house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £178,471. It was last sold for £170,000 in August 2023, which was around 6% below the average August 2023 terraced price in the Sandwell local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

58 MINCING LANE Sold Prices

Land registry data shows three sales for 58 MINCING 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 Sandwell local authority area for the corresponding sale date. All of the three 58 MINCING 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
2023 16 AUG	£170,000	£180,357	6% below HPI
2020 1 JUN	£127,944	£133,268	4% below HPI
1999 15 FEB	£32,000	£36,119	11% below HPI

58 MINCING LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Sandwell local authority area over time, sourced from the HPI. The three 58 MINCING LANE sales between February 1999 and August 2023 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 June 2020 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 58 MINCING LANE be worth now?

58 MINCING LANE might now be worth an estimated £178,471.

This is based on house price inflation of 5%, between August 2023 and October 2025, for terraced houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5% inflationary increase is applied to the most recent sale price for 58 MINCING LANE of £170,000 on 16th August 2023. For the value to have increased from £170,000 to £178,471 over the one year and ten months to October 2025, the following assumptions must hold true:

• The value of 58 MINCING LANE has moved in line with the HPI for terraced houses in the Sandwell local authority area.
• The August 2023 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 58 MINCING LANE has not materially changed since August 2023.

How Large is 58 MINCING LANE?

58 MINCING LANE is 65m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% of terraced houses houses in Rowley Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rowley Regis, and where 58 MINCING LANE lies on this distribution: 6% of terraced houses houses are smaller than 58 MINCING LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Rowley Regis.

58 MINCING LANE: Plot and Title Map

58 MINCING LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 58 MINCING 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 58 MINCING 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 58 MINCING LANE?

58 MINCING LANE is located in ROWLEY REGIS, in the B65 postcode district. The below map shows the position of No. 58 on MINCING LANE.