15, CHERRY LANE, SUTTON COLDFIELD, B73 5TW - £175,000

15 CHERRY LANE is a very small detached house of 59m², built sometime between 1991 and 1995. It was last sold for £175,000 in March 2019, which was around 50% below the average March 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

15 CHERRY LANE Sold Prices

Land registry data shows three sales for 15 CHERRY 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 Birmingham local authority area for the corresponding sale date. All of the three 15 CHERRY 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
2019 8 MAR	£175,000	£353,263	50% below HPI
1999 11 JUN	£74,500	£108,733	31% below HPI
1996 6 DEC	£64,995	£92,654	30% below HPI

15 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 15 CHERRY LANE sales between December 1996 and March 2019 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 1999 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2019 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 15 CHERRY LANE?

15 CHERRY LANE is 59m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 15 CHERRY LANE lies on this distribution: 1% of detached houses are smaller than 15 CHERRY LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

15 CHERRY LANE: Plot and Title Map

15 CHERRY LANE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 15 CHERRY 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 15 CHERRY 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 15 CHERRY LANE?

15 CHERRY LANE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 15 on CHERRY LANE.