62A PENNS LANE is a midsized extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £355,000 in October 2017, which was around 7% above the average October 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 62A PENNS LANE since 1st 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. Two of the three 62A PENNS LANE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2017 6 OCT | £355,000 | £332,573 | 7% above HPI |
2004 30 APR | £225,000 | £229,672 | 2% below HPI |
1995 24 MAR | £90,000 | £88,791 | 1% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 62A PENNS LANE sales between March 1995 and October 2017 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 April 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2017 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
62A PENNS LANE is 118m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% 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 62A PENNS LANE lies on this distribution: 41% of detached houses are smaller than 62A PENNS LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
62A PENNS LANE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 62A PENNS 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 62A PENNS 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.
62A PENNS LANE is located in SUTTON COLDFIELD, in the B72 postcode district. The below map shows the position of No. 62A on PENNS LANE.