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
144 MILL LANE is a very large extended detached house of 169m², built sometime between 1991 and 1995. It was last sold for £467,500 in April 2021, which was around 12% below the average April 2021 detached price in the Solihull local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 144 MILL LANE since 1st 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 144 MILL 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 |
---|---|---|---|
2021 21 APR | £467,500 | £529,816 | 12% below HPI |
2020 18 DEC | £440,000 | £510,400 | 14% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 144 MILL LANE sales from December 2020 and April 2021 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 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
144 MILL LANE is 169m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Bentley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bentley Heath, and where 144 MILL LANE lies on this distribution: 85% of detached houses are smaller than 144 MILL LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bentley Heath.
144 MILL LANE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 144 MILL 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 144 MILL 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.
144 MILL LANE is located in BENTLEY HEATH, in the B93 postcode district. The below map shows the position of No. 144 on MILL LANE.