Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
159 TESSALL LANE is a large extended detached house of 126m², built sometime between 1930 and 1949. It was last sold for £284,500 in February 2020, which was around 20% below the average February 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 159 TESSALL LANE since 1st 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 159 TESSALL 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 |
---|---|---|---|
2020 12 FEB | £284,500 | £357,207 | 20% below HPI |
2015 28 OCT | £235,000 | £288,850 | 19% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 159 TESSALL LANE sales from October 2015 and February 2020 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 October 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
159 TESSALL LANE is 126m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 159 TESSALL LANE lies on this distribution: 61% of detached houses are smaller than 159 TESSALL LANE, and 38% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
159 TESSALL LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 159 TESSALL 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 159 TESSALL 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.
159 TESSALL LANE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 159 on TESSALL LANE.