29, SPRING LANE, BIRMINGHAM, B24 9BP - £320,000

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

29 SPRING LANE is a very large extended detached house of 208m², built sometime between 1930 and 1949. It was last sold for £320,000 in September 2022, which was around 29% below the average September 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

29 SPRING LANE Sold Prices

Land registry data shows two sales for 29 SPRING 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 Birmingham local authority area for the corresponding sale date. Both of the two 29 SPRING 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 21 SEP	£320,000	£447,621	29% below HPI
2004 23 JAN	£212,000	£227,582	7% below HPI

29 SPRING 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 two 29 SPRING LANE sales from January 2004 and September 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 January 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 29 SPRING LANE?

29 SPRING LANE is 208m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 29 SPRING LANE lies on this distribution: 91% of detached houses are smaller than 29 SPRING LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

29 SPRING LANE: Plot and Title Map

29 SPRING LANE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 29 SPRING 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 29 SPRING 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 29 SPRING LANE?

29 SPRING LANE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 29 on SPRING LANE.