15, CHERRY LANE, SUTTON COLDFIELD, B73 5TW - £175,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 CHERRY LANE is a very small detached house of 59m², built sometime between 1991 and 1995, which could now be worth an estimated £218,625. It was last sold for £175,000 in March 2019, which was around 49% below the average March 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

15 CHERRY LANE Sold Prices

Land registry data shows three sales for 15 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 15 CHERRY 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
2019 8 MAR	£175,000	£346,448	49% below HPI
1999 11 JUN	£74,500	£106,635	30% below HPI
1996 6 DEC	£64,995	£90,866	28% below HPI

15 CHERRY 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 three 15 CHERRY LANE sales between December 1996 and March 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 June 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2019 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 15 CHERRY LANE be worth now?

15 CHERRY LANE might now be worth an estimated £218,625.

This is based on house price inflation of 24.9%, between March 2019 and December 2024, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 15 CHERRY LANE of £175,000 on 8th March 2019. For the value to have increased from £175,000 to £218,625 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 15 CHERRY LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 15 CHERRY LANE has not materially changed since March 2019.

How Large is 15 CHERRY LANE?

15 CHERRY LANE is 59m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 15 CHERRY LANE lies on this distribution: 1% of detached houses houses are smaller than 15 CHERRY LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

15 CHERRY LANE: Plot and Title Map

15 CHERRY LANE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 15 CHERRY 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 15 CHERRY 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 15 CHERRY LANE?

15 CHERRY LANE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 15 on CHERRY LANE.