14, PROSPECT LANE, SOLIHULL, B91 1HJ - £675,000

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

14 PROSPECT LANE is a midsized extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £675,000 in September 2018, which was around 41% above the average September 2018 detached price in the Solihull local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

14 PROSPECT LANE Sold Prices

Land registry data shows two sales for 14 PROSPECT 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 Solihull local authority area for the corresponding sale date. Both of the two 14 PROSPECT 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
2018 14 SEP	£675,000	£478,845	41% above HPI
2015 10 APR	£405,000	£387,124	5% above HPI

14 PROSPECT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 14 PROSPECT LANE sales from April 2015 and September 2018 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 April 2015 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2018 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 14 PROSPECT LANE?

14 PROSPECT LANE is 125m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 50% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 14 PROSPECT LANE lies on this distribution: 46% of detached houses are smaller than 14 PROSPECT LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Solihull.

14 PROSPECT LANE: Plot and Title Map

14 PROSPECT LANE sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 14 PROSPECT 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 14 PROSPECT 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 14 PROSPECT LANE?

14 PROSPECT LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 14 on PROSPECT LANE.