317A, GRESSEL LANE, BIRMINGHAM, B33 9UU - £158,000

317A GRESSEL LANE is a very small detached house of 53m², built sometime between 1996 and 2002. It was last sold for £158,000 in May 2014, which was around 39% below the average May 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

317A GRESSEL LANE Sold Prices

Land registry data shows two sales for 317A GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 317A GRESSEL 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
2014 23 MAY	£158,000	£259,544	39% below HPI
2006 16 JUN	£175,000	£250,005	30% below HPI

317A GRESSEL 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 two 317A GRESSEL LANE sales from June 2006 and May 2014 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 317A GRESSEL LANE?

317A GRESSEL LANE is 53m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 317A GRESSEL LANE lies on this distribution: 1% of detached houses are smaller than 317A GRESSEL LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

317A GRESSEL LANE: Plot and Title Map

317A GRESSEL LANE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 317A GRESSEL 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 317A GRESSEL 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 317A GRESSEL LANE?

317A GRESSEL LANE is located in BIRMINGHAM, in the B33 postcode district. The below map shows the position of No. 317A on GRESSEL LANE.