102, PROSPECT LANE, SOLIHULL, B91 1HT - £523,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

102 PROSPECT LANE is a small detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £511,844. It was last sold for £523,000 in December 2022, which was around 12% below the average December 2022 detached price in the Solihull local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

102 PROSPECT LANE Sold Prices

Land registry data shows two sales for 102 PROSPECT 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 Solihull local authority area for the corresponding sale date. Both of the two 102 PROSPECT 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
2022 15 DEC	£523,000	£595,956	12% below HPI
1996 28 JUN	£98,500	£119,179	17% below HPI

102 PROSPECT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 102 PROSPECT LANE sales from June 1996 and December 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 102 PROSPECT LANE be worth now?

102 PROSPECT LANE might now be worth an estimated £511,844.

This is based on house price deflation of 2.1%, between December 2022 and February 2025, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.1% deflationary decrease is applied to the most recent sale price for 102 PROSPECT LANE of £523,000 on 15th December 2022. For the value to have decreased from £523,000 to £511,844 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 102 PROSPECT LANE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The December 2022 sale price of £523,000 represented a fair market value for the property.
• The size, condition, and specification of 102 PROSPECT LANE has not materially changed since December 2022.

How Large is 102 PROSPECT LANE?

102 PROSPECT LANE is 100m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 102 PROSPECT LANE lies on this distribution: 21% of detached houses houses are smaller than 102 PROSPECT LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Solihull.

102 PROSPECT LANE: Plot and Title Map

102 PROSPECT LANE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 102 PROSPECT 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 102 PROSPECT 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 102 PROSPECT LANE?

102 PROSPECT LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 102 on PROSPECT LANE.