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
163 PENNS LANE is a midsized detached house of 133m², built sometime between 1950 and 1966. It was last sold for £290,000 in March 2016, which was around 1% below the average March 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 163 PENNS 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. One of the two 163 PENNS LANE sales was for below the average price, whilst the other was roughly equal to 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 |
---|---|---|---|
2016 24 MAR | £290,000 | £294,400 | 1% below HPI |
2016 26 FEB | £290,000 | £290,976 | Close to HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 163 PENNS LANE sales from February 2016 and March 2016 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 February 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2016 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
163 PENNS LANE is 133m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 163 PENNS LANE lies on this distribution: 55% of detached houses are smaller than 163 PENNS LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
163 PENNS LANE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 163 PENNS 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 163 PENNS 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.
163 PENNS LANE is located in SUTTON COLDFIELD, in the B72 postcode district. The below map shows the position of No. 163 on PENNS LANE.