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
111 FOREDROVE LANE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £267,000 in September 2018, which was around 44% below the average September 2018 detached price in the Solihull local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 111 FOREDROVE LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three 111 FOREDROVE 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 7 SEP | £267,000 | £478,845 | 44% below HPI |
2017 23 MAR | £238,000 | £438,586 | 46% below HPI |
2016 9 MAR | £180,000 | £411,012 | 56% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 111 FOREDROVE LANE sales between March 2016 and September 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 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2018 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.
111 FOREDROVE LANE is 61m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 111 FOREDROVE LANE lies on this distribution: 1% of detached houses are smaller than 111 FOREDROVE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Solihull.
111 FOREDROVE LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 111 FOREDROVE 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 111 FOREDROVE 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.
111 FOREDROVE LANE is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 111 on FOREDROVE LANE.