129, SPRING LANE, BIRMINGHAM, B24 9BY - £230,000

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

129 SPRING LANE is a large extended detached house of 152m², built sometime between 1950 and 1966. It was last sold for £230,000 in December 2011, which was around 6% below the average December 2011 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

129 SPRING LANE Sold Prices

Land registry data shows two sales for 129 SPRING 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 129 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
2011 9 DEC	£230,000	£244,611	6% below HPI
2007 18 JAN	£225,000	£258,415	13% below HPI

129 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 two 129 SPRING LANE sales from January 2007 and December 2011 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 January 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 129 SPRING LANE?

129 SPRING LANE is 152m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 129 SPRING LANE lies on this distribution: 77% of detached houses are smaller than 129 SPRING LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

129 SPRING LANE: Plot and Title Map

129 SPRING LANE sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 129 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 129 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 129 SPRING LANE?

129 SPRING LANE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 129 on SPRING LANE.