108, COMMON LANE, SHELDON, BIRMINGHAM, B26 3DA - £260,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

108 COMMON LANE is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £260,000 in December 2018, which was around 27% below the average December 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

108 COMMON LANE Sold Prices

Land registry data shows three sales for 108 COMMON LANE since 1^st 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. All of the three 108 COMMON 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
2018 17 DEC	£260,000	£356,469	27% below HPI
2012 14 MAR	£187,500	£245,913	24% below HPI
2011 8 AUG	£104,000	£247,226	58% below HPI

108 COMMON 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 three 108 COMMON LANE sales between August 2011 and December 2018 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 March 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 108 COMMON LANE?

108 COMMON LANE is 74m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 108 COMMON LANE lies on this distribution: 7% of detached houses are smaller than 108 COMMON LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

108 COMMON LANE: Plot and Title Map

108 COMMON LANE sits on a plot of roughly 0.149 of an acre, or 603m². The below map shows the location of 108 COMMON 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 108 COMMON 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 108 COMMON LANE?

108 COMMON LANE is located in SHELDON, in the B26 postcode district. The below map shows the position of No. 108 on COMMON LANE.