238, PENNS LANE, SUTTON COLDFIELD, B76 1LQ - £620,000

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

238 PENNS LANE is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £620,000 in May 2023, which was around 42% above the average May 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

238 PENNS LANE Sold Prices

Land registry data shows three sales for 238 PENNS 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. All of the three 238 PENNS LANE sales were for above 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 25 MAY	£620,000	£435,681	42% above HPI
2002 3 MAY	£250,000	£158,644	58% above HPI
2001 19 MAR	£245,000	£134,196	83% above HPI

238 PENNS 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 238 PENNS LANE sales between March 2001 and May 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 May 2002 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the May 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 238 PENNS LANE?

238 PENNS LANE is 157m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the largest 30% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 238 PENNS LANE lies on this distribution: 71% of detached houses are smaller than 238 PENNS LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

238 PENNS LANE: Plot and Title Map

238 PENNS LANE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of 238 PENNS 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 238 PENNS 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 238 PENNS LANE?

238 PENNS LANE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 238 on PENNS LANE.