21, BROAD LANE, BIRMINGHAM, B14 5AL - £297,000

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

21 BROAD LANE is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £297,000 in February 2014, which was around 15% above the average February 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was C.

21 BROAD LANE Sold Prices

Land registry data shows three sales for 21 BROAD LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Two of the three 21 BROAD LANE sales were for above the average price, whilst one was 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
2014 5 FEB	£297,000	£257,197	15% above HPI
2006 1 DEC	£265,000	£257,381	3% above HPI
2005 12 JUL	£240,000	£245,050	2% below HPI

21 BROAD 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 three 21 BROAD LANE sales between July 2005 and February 2014 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 December 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 21 BROAD LANE?

21 BROAD LANE is 120m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 21 BROAD LANE lies on this distribution: 55% of detached houses are smaller than 21 BROAD LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

21 BROAD LANE: Plot and Title Map

21 BROAD LANE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 21 BROAD 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 21 BROAD 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 21 BROAD LANE?

21 BROAD LANE is located in BIRMINGHAM, in the B14 postcode district. The below map shows the position of No. 21 on BROAD LANE.