119, LANCHESTER WAY, CASTLE BROMWICH, BIRMINGHAM, B36 9LN - £270,000

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

119 LANCHESTER WAY is a large detached house of 125m². It was last sold for £270,000 in December 2016, which was around 38% below the average December 2016 detached price in the Solihull local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

119 LANCHESTER WAY Sold Prices

Land registry data shows three sales for 119 LANCHESTER WAY since 1^st 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 119 LANCHESTER WAY 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
2016 19 DEC	£270,000	£438,541	38% below HPI
2013 14 JUN	£235,000	£336,679	30% below HPI
2011 31 MAR	£227,500	£338,619	33% below HPI

119 LANCHESTER WAY 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 three 119 LANCHESTER WAY sales between March 2011 and December 2016 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 2013 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 119 LANCHESTER WAY?

119 LANCHESTER WAY is 125m² according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 119 LANCHESTER WAY lies on this distribution: 61% of detached houses are smaller than 119 LANCHESTER WAY, and 39% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

119 LANCHESTER WAY: Plot and Title Map

119 LANCHESTER WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 119 LANCHESTER WAY, 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 119 LANCHESTER WAY). 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 119 LANCHESTER WAY?

119 LANCHESTER WAY is located in CASTLE BROMWICH, in the B36 postcode district. The below map shows the position of No. 119 on LANCHESTER WAY.