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
122 METCHLEY LANE is a very large detached house of 164m², built sometime between 1900 and 1929. It was last sold for £1,195,000 in October 2023, which was around 171% above the average October 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 122 METCHLEY LANE since 1st 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. Both of the two 122 METCHLEY 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 |
---|---|---|---|
2023 31 OCT | £1,195,000 | £441,669 | 171% above HPI |
1996 11 OCT | £190,000 | £93,024 | 104% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 122 METCHLEY LANE sales from October 1996 and October 2023 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 October 1996 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the October 2023 sale, where it rises to 171% above the HPI. The line then continues to track at 171% above the HPI.
122 METCHLEY LANE is 164m² according to the EPC inspection conducted in April 2023. This puts it in the largest 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 122 METCHLEY LANE lies on this distribution: 81% of detached houses are smaller than 122 METCHLEY LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
122 METCHLEY LANE sits on a plot of roughly 0.295 of an acre, or 1,195m². The below map shows the location of 122 METCHLEY 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 122 METCHLEY 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.
122 METCHLEY LANE is located in BIRMINGHAM, in the B17 postcode district. The below map shows the position of No. 122 on METCHLEY LANE.