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
181 WHARF LANE is a very small detached house of 94m², built sometime between 1996 and 2002. It was last sold for £415,000 in July 2023, which was around 30% below the average July 2023 detached price in the Solihull local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 181 WHARF LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the four 181 WHARF 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 |
---|---|---|---|
2023 26 JUL | £415,000 | £592,954 | 30% below HPI |
2019 12 JUL | £310,000 | £473,736 | 35% below HPI |
2009 14 OCT | £237,000 | £330,036 | 28% below HPI |
2007 30 MAR | £265,000 | £348,738 | 24% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The four 181 WHARF LANE sales between March 2007 and July 2023 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 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.
181 WHARF LANE is 94m² according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 181 WHARF LANE lies on this distribution: 17% of detached houses are smaller than 181 WHARF LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Solihull.
181 WHARF LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 181 WHARF 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 181 WHARF 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.
181 WHARF LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 181 on WHARF LANE.