240, PENNS LANE, SUTTON COLDFIELD, B76 1LQ - £600,000

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

240 PENNS LANE is a midsized extended detached house of 132m², built sometime between 1900 and 1929. It was last sold for £600,000 in November 2021, which was around 48% above the average November 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

240 PENNS LANE Sold Prices

Land registry data shows three sales for 240 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 240 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
2021 16 NOV	£600,000	£405,041	48% above HPI
2009 24 JUL	£336,000	£228,708	47% above HPI
1997 10 SEP	£122,000	£100,096	22% above HPI

240 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 240 PENNS LANE sales between September 1997 and November 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 July 2009 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the November 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 240 PENNS LANE?

240 PENNS LANE is 132m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% 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 240 PENNS LANE lies on this distribution: 55% of detached houses are smaller than 240 PENNS LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

240 PENNS LANE: Plot and Title Map

240 PENNS LANE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 240 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 240 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 240 PENNS LANE?

240 PENNS LANE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 240 on PENNS LANE.