11, BROAD LANE, BIRMINGHAM, B14 5AL - £370,000

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.

11 BROAD LANE is a midsized extended detached house of 122m², built sometime between 1930 and 1949, which could now be worth an estimated £458,340. It was last sold for £370,000 in February 2020, which was around 6% above the average February 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

11 BROAD LANE Sold Prices

Land registry data shows two sales for 11 BROAD 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 Birmingham local authority area for the corresponding sale date. One of the two 11 BROAD LANE sales was for above the average price, whilst the other 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
2020 14 FEB	£370,000	£350,316	6% above HPI
2009 8 DEC	£125,000	£240,587	48% below HPI

11 BROAD 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 two 11 BROAD LANE sales from December 2009 and February 2020 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 December 2009 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2020 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 11 BROAD LANE be worth now?

11 BROAD LANE might now be worth an estimated £458,340.

This is based on house price inflation of 23.9%, between February 2020 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.9% inflationary increase is applied to the most recent sale price for 11 BROAD LANE of £370,000 on 14th February 2020. For the value to have increased from £370,000 to £458,340 over the five years to February 2025, the following assumptions must hold true:

• The value of 11 BROAD LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The February 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 11 BROAD LANE has not materially changed since February 2020.

How Large is 11 BROAD LANE?

11 BROAD LANE is 122m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 11 BROAD LANE lies on this distribution: 57% of detached houses houses are smaller than 11 BROAD LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

11 BROAD LANE: Plot and Title Map

11 BROAD LANE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 11 BROAD 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 11 BROAD 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 11 BROAD LANE?

11 BROAD LANE is located in BIRMINGHAM, in the B14 postcode district. The below map shows the position of No. 11 on BROAD LANE.