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
225 BILLS LANE is a midsized extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £475,000 in June 2021, which was around 12% below the average June 2021 detached price in the Solihull local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 225 BILLS LANE since 1st 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 225 BILLS 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 2 JUN | £475,000 | £539,342 | 12% below HPI |
1999 30 JUN | £128,000 | £162,798 | 21% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 225 BILLS LANE sales from June 1999 and June 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 June 1999 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
225 BILLS LANE is 122m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 225 BILLS LANE lies on this distribution: 44% of detached houses are smaller than 225 BILLS LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Solihull.
225 BILLS LANE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 225 BILLS 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 225 BILLS 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.
225 BILLS LANE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 225 on BILLS LANE.