245, CLAY LANE, BIRMINGHAM, B26 1EA - £350,000

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

245 CLAY LANE is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £350,000 in October 2022, which was around 22% below the average October 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

245 CLAY LANE Sold Prices

Land registry data shows three sales for 245 CLAY 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 245 CLAY 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
2022 28 OCT	£350,000	£451,232	22% below HPI
2004 27 FEB	£185,000	£227,878	19% below HPI
1999 3 SEP	£98,000	£114,581	14% below HPI

245 CLAY 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 245 CLAY LANE sales between September 1999 and October 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 February 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 245 CLAY LANE?

245 CLAY LANE is 91m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 245 CLAY LANE lies on this distribution: 23% of detached houses are smaller than 245 CLAY LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

245 CLAY LANE: Plot and Title Map

245 CLAY LANE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 245 CLAY 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 245 CLAY 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 245 CLAY LANE?

245 CLAY LANE is located in BIRMINGHAM, in the B26 postcode district. The below map shows the position of No. 245 on CLAY LANE.