Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources
124A PENNS LANE is a very large extended detached house of 222m², built sometime between 1930 and 1949. It was last sold for £385,000 in October 2019, which was around 8% above the average October 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 124A PENNS 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 124A 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 |
---|---|---|---|
2019 4 OCT | £385,000 | £357,536 | ![]() 8% above HPI |
2003 10 FEB | £290,000 | £198,750 | ![]() 46% 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 124A PENNS LANE sales from February 2003 and October 2019 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 February 2003 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.
124A PENNS LANE is 222m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 124A PENNS LANE lies on this distribution: 91% of detached houses are smaller than 124A PENNS LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
124A PENNS LANE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 124A 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 124A 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.
124A PENNS LANE is located in SUTTON COLDFIELD, in the B72 postcode district. The below map shows the position of No. 124A on PENNS LANE.