175, MILL LANE, BENTLEY HEATH, SOLIHULL, B93 8NY - £400,000

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

175 MILL LANE is a very small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £400,000 in July 2018, which was around 18% below the average July 2018 detached price in the Solihull local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

175 MILL LANE Sold Prices

Land registry data shows two sales for 175 MILL 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 175 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
2018 27 JUL	£400,000	£485,972	18% below HPI
2008 7 JUL	£242,000	£344,969	30% below HPI

175 MILL 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 175 MILL LANE sales from July 2008 and July 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 July 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2018 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 175 MILL LANE?

175 MILL LANE is 86m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 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 175 MILL LANE lies on this distribution: 11% of detached houses are smaller than 175 MILL LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bentley Heath.

175 MILL LANE: Plot and Title Map

175 MILL LANE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 175 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 175 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.

Where is 175 MILL LANE?

175 MILL LANE is located in BENTLEY HEATH, in the B93 postcode district. The below map shows the position of No. 175 on MILL LANE.