124C, PENNS LANE, SUTTON COLDFIELD, B72 1BP - £535,000

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

124C PENNS LANE is a midsized detached house of 121m², built sometime between 1967 and 1975. It was last sold for £535,000 in April 2024, which was around 26% above the average April 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

124C PENNS LANE Sold Prices

Land registry data shows two sales for 124C PENNS LANE since 1^st 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 124C 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
2024 26 APR	£535,000	£426,286	26% above HPI
2021 17 DEC	£417,000	£409,123	2% above HPI

124C PENNS 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 two 124C PENNS LANE sales from December 2021 and April 2024 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 December 2021 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2024 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 124C PENNS LANE?

124C PENNS LANE is 121m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% 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 124C PENNS LANE lies on this distribution: 44% of detached houses are smaller than 124C PENNS LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

124C PENNS LANE: Plot and Title Map

124C PENNS LANE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 124C 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 124C 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 124C PENNS LANE?

124C PENNS LANE is located in SUTTON COLDFIELD, in the B72 postcode district. The below map shows the position of No. 124C on PENNS LANE.