296, GRAVELLY LANE, BIRMINGHAM, B23 5SB - £460,000

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

296 GRAVELLY LANE is a very large extended detached house of 200m², built sometime between 1930 and 1949. It was last sold for £460,000 in June 2017, which was around 44% above the average June 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

296 GRAVELLY LANE Sold Prices

Land registry data shows two sales for 296 GRAVELLY 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. One of the two 296 GRAVELLY LANE sales was for above the average price, whilst the other was 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 30 JUN	£460,000	£319,402	44% above HPI
2000 31 AUG	£60,000	£124,833	52% below HPI

296 GRAVELLY 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 296 GRAVELLY LANE sales from August 2000 and June 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 August 2000 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the June 2017 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 296 GRAVELLY LANE?

296 GRAVELLY LANE is 200m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 296 GRAVELLY LANE lies on this distribution: 90% of detached houses are smaller than 296 GRAVELLY LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

296 GRAVELLY LANE: Plot and Title Map

296 GRAVELLY LANE sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 296 GRAVELLY 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 296 GRAVELLY 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 296 GRAVELLY LANE?

296 GRAVELLY LANE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 296 on GRAVELLY LANE.