253, CASTLE LANE, SOLIHULL, B92 8SQ - £295,000

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

253 CASTLE LANE is a small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £295,000 in May 2017, which was around 32% below the average May 2017 detached price in the Solihull local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

253 CASTLE LANE Sold Prices

Land registry data shows two sales for 253 CASTLE 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 Solihull local authority area for the corresponding sale date. Both of the two 253 CASTLE 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
2017 10 MAY	£295,000	£436,981	32% below HPI
2015 30 NOV	£295,000	£413,298	29% below HPI

253 CASTLE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 253 CASTLE LANE sales from November 2015 and May 2017 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 November 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 253 CASTLE LANE?

253 CASTLE LANE is 99m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 253 CASTLE LANE lies on this distribution: 21% of detached houses are smaller than 253 CASTLE LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Solihull.

253 CASTLE LANE: Plot and Title Map

253 CASTLE LANE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 253 CASTLE 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 253 CASTLE 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 253 CASTLE LANE?

253 CASTLE LANE is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 253 on CASTLE LANE.