24, GORSEY LANE, WYTHALL, BIRMINGHAM, B47 6JH - £475,000

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

24 GORSEY LANE is a large detached house of 135m², built sometime between 1950 and 1966. It was last sold for £475,000 in February 2022, which was around 4% below the average February 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

24 GORSEY LANE Sold Prices

Land registry data shows two sales for 24 GORSEY 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 Bromsgrove local authority area for the corresponding sale date. One of the two 24 GORSEY LANE sales was for below the average price, whilst the other was 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
2022 18 FEB	£475,000	£495,239	4% below HPI
1997 15 AUG	£129,000	£123,606	4% above HPI

24 GORSEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 24 GORSEY LANE sales from August 1997 and February 2022 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 August 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 24 GORSEY LANE?

24 GORSEY LANE is 135m² according to the EPC inspection conducted in October 2021. This puts it in the largest 40% of detached houses in Wythall, based on EPC data. The below chart shows the distribution of detached houses by size in Wythall, and where 24 GORSEY LANE lies on this distribution: 65% of detached houses are smaller than 24 GORSEY LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Wythall.

24 GORSEY LANE: Plot and Title Map

24 GORSEY LANE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 24 GORSEY 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 24 GORSEY 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 24 GORSEY LANE?

24 GORSEY LANE is located in WYTHALL, in the B47 postcode district. The below map shows the position of No. 24 on GORSEY LANE.