175, WOOD LANE, HANDSWORTH, BIRMINGHAM, B20 2AG - £270,000

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

175 WOOD LANE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £270,000 in March 2021, which was around 30% below the average March 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

175 WOOD LANE Sold Prices

Land registry data shows two sales for 175 WOOD 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 Birmingham local authority area for the corresponding sale date. Both of the two 175 WOOD 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 12 MAR	£270,000	£387,301	30% below HPI
2012 21 MAY	£144,000	£242,520	41% below HPI

175 WOOD 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 two 175 WOOD LANE sales from May 2012 and March 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 May 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the March 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 175 WOOD LANE?

175 WOOD LANE is 96m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 175 WOOD LANE lies on this distribution: 29% of detached houses are smaller than 175 WOOD LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

175 WOOD LANE: Plot and Title Map

175 WOOD LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 175 WOOD 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 WOOD 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 WOOD LANE?

175 WOOD LANE is located in HANDSWORTH, in the B20 postcode district. The below map shows the position of No. 175 on WOOD LANE.