120, PENNS LANE, SUTTON COLDFIELD, B72 1BP - £275,000

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.

120 PENNS LANE is a small extended semi-detached house of 101m², built sometime between 1930 and 1949, which could now be worth an estimated £470,456. It was last sold for £275,000 in September 2014, which was around 75% above the average September 2014 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

120 PENNS LANE Sold Prices

Land registry data shows two sales for 120 PENNS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 120 PENNS LANE sales were for above 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
2014 19 SEP	£275,000	£157,506	75% above HPI
2005 30 SEP	£195,000	£146,065	34% above HPI

120 PENNS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 120 PENNS LANE sales from September 2005 and September 2014 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 September 2005 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the September 2014 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

What might 120 PENNS LANE be worth now?

120 PENNS LANE might now be worth an estimated £470,456.

This is based on house price inflation of 71.1%, between September 2014 and February 2025, for semi-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 71.1% inflationary increase is applied to the most recent sale price for 120 PENNS LANE of £275,000 on 19th September 2014. For the value to have increased from £275,000 to £470,456 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 120 PENNS LANE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The September 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 120 PENNS LANE has not materially changed since September 2014.

How Large is 120 PENNS LANE?

120 PENNS LANE is 101m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of semi-detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Sutton Coldfield, and where 120 PENNS LANE lies on this distribution: 22% of semi-detached houses houses are smaller than 120 PENNS LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

120 PENNS LANE: Plot and Title Map

120 PENNS LANE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 120 PENNS 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 120 PENNS 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 120 PENNS LANE?

120 PENNS LANE is located in SUTTON COLDFIELD, in the B72 postcode district. The below map shows the position of No. 120 on PENNS LANE.