THE LAURELS, DRUIDS LANE, BIRMINGHAM, B14 5SU - £520,000

THE LAURELS is a very large detached house of 295m², built sometime before 1900. It was last sold for £520,000 in April 2019, which was around 22% above the average April 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2018, where the current energy rating was F, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2019 17 APR	£520,000	£426,009	22% above HPI
2004 22 SEP	£439,950	£276,274	59% above HPI

THE LAURELS 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 THE LAURELS sales from September 2004 and April 2019 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 September 2004 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the April 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 295m² according to the EPC inspection conducted in March 2018. This puts it in the largest 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 THE LAURELS lies on this distribution: 97% of detached houses are smaller than THE LAURELS, and 3% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.646 of an acre, or 2,613m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on DRUIDS LANE in BIRMINGHAM, in the B14 postcode district. The below map shows the position of THE LAURELS on DRUIDS LANE.