119, SPRING LANE, BIRMINGHAM, B24 9BY - £161,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

119 SPRING LANE is a very small extended detached house of 84m², built sometime between 1930 and 1949. It was last sold for £161,000 in March 2016, which was around 45% below the average March 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

119 SPRING LANE Sold Prices

Land registry data shows four sales for 119 SPRING LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 119 SPRING 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
2016 30 MAR	£161,000	£294,400	45% below HPI
2014 23 JUN	£127,000	£262,116	52% below HPI
2009 3 AUG	£110,000	£233,266	53% below HPI
2009 24 APR	£90,000	£227,825	60% below HPI

119 SPRING 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 four 119 SPRING LANE sales between April 2009 and March 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 2014 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the March 2016 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 119 SPRING LANE?

119 SPRING LANE is 84m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% 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 SPRING LANE lies on this distribution: 15% of detached houses are smaller than 119 SPRING LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

119 SPRING LANE: Plot and Title Map

119 SPRING LANE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 119 SPRING 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 119 SPRING 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 119 SPRING LANE?

119 SPRING LANE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 119 on SPRING LANE.