43, BROMFORD LANE, ERDINGTON, BIRMINGHAM, B24 8JT - £175,000

43 BROMFORD LANE is a midsized extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £175,000 in February 2018, which was around 48% below the average February 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

43 BROMFORD LANE Sold Prices

Land registry data shows four sales for 43 BROMFORD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 43 BROMFORD 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
2018 26 FEB	£175,000	£335,584	48% below HPI
2007 11 JUL	£16,700	£263,288	94% below HPI
2005 16 MAY	£183,500	£243,745	25% below HPI
2001 10 DEC	£96,500	£148,616	35% below HPI

43 BROMFORD 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 four 43 BROMFORD LANE sales between December 2001 and February 2018 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 July 2007 sale was for 94% below the HPI. So the extrapolation line tracks at 94% below the HPI over time, until the February 2018 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 43 BROMFORD LANE?

43 BROMFORD LANE is 121m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 43 BROMFORD LANE lies on this distribution: 56% of detached houses are smaller than 43 BROMFORD LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

43 BROMFORD LANE: Plot and Title Map

43 BROMFORD LANE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 43 BROMFORD 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 43 BROMFORD 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 43 BROMFORD LANE?

43 BROMFORD LANE is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 43 on BROMFORD LANE.