8, LAKEY LANE, BIRMINGHAM, B28 9DU - £249,000

8 LAKEY LANE is a midsized extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £249,000 in February 2015, which was around 8% below the average February 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

8 LAKEY LANE Sold Prices

Land registry data shows six sales for 8 LAKEY LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Most of the six 8 LAKEY 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
2015 5 FEB	£249,000	£269,863	8% below HPI
2014 30 MAY	£188,000	£259,544	28% below HPI
2007 4 SEP	£220,000	£269,205	18% below HPI
2002 29 NOV	£188,000	£186,909	1% above HPI
2000 12 OCT	£120,000	£128,367	7% below HPI
1996 6 DEC	£86,950	£92,654	6% below HPI

8 LAKEY 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 six 8 LAKEY LANE sales between December 1996 and February 2015 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 May 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2015 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 8 LAKEY LANE?

8 LAKEY LANE is 109m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 8 LAKEY LANE lies on this distribution: 42% of detached houses are smaller than 8 LAKEY LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 LAKEY LANE: Plot and Title Map

8 LAKEY LANE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 8 LAKEY 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 8 LAKEY 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 8 LAKEY LANE?

8 LAKEY LANE is located in BIRMINGHAM, in the B28 postcode district. The below map shows the position of No. 8 on LAKEY LANE.