49, MONUMENT LANE, LICKEY, BIRMINGHAM, B45 9QQ - £1,230,000

49 MONUMENT LANE is a very large detached house of 430m², built sometime between 1983 and 1990. It was last sold for £1,230,000 in March 2022, which was around 149% above the average March 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

49 MONUMENT LANE Sold Prices

Land registry data shows two sales for 49 MONUMENT 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 49 MONUMENT LANE sales were for above 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
2022 28 MAR	£1,230,000	£493,910	149% above HPI
2013 12 JUN	£598,000	£306,768	95% above HPI

49 MONUMENT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 49 MONUMENT LANE sales from June 2013 and March 2022 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 2013 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the March 2022 sale, where it rises to 149% above the HPI. The line then continues to track at 149% above the HPI.

How Large is 49 MONUMENT LANE?

49 MONUMENT LANE is 430m² according to the EPC inspection conducted in June 2021. This puts it in the largest 10% of detached houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses by size in Lickey, and where 49 MONUMENT LANE lies on this distribution: More than 99% of detached houses are smaller than 49 MONUMENT LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Lickey.

49 MONUMENT LANE: Plot and Title Map

49 MONUMENT LANE sits on a plot of roughly 0.451 of an acre, or 1,827m². The below map shows the location of 49 MONUMENT 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 49 MONUMENT 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 49 MONUMENT LANE?

49 MONUMENT LANE is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 49 on MONUMENT LANE.