296, PENNS LANE, SUTTON COLDFIELD, B76 1LG - £550,000

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

296 PENNS LANE is a very large extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £550,000 in May 2019, which was around 56% above the average May 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

296 PENNS LANE Sold Prices

Land registry data shows three sales for 296 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 296 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
2019 1 MAY	£550,000	£351,453	56% above HPI
2015 20 NOV	£440,000	£290,063	52% above HPI
2004 28 JUN	£270,000	£234,100	15% above HPI

296 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 296 PENNS LANE sales between June 2004 and May 2019 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 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the May 2019 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 296 PENNS LANE?

296 PENNS LANE is 178m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% 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 296 PENNS LANE lies on this distribution: 80% of detached houses are smaller than 296 PENNS LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

296 PENNS LANE: Plot and Title Map

296 PENNS LANE sits on a plot of roughly 0.246 of an acre, or 995m². The below map shows the location of 296 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 296 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 296 PENNS LANE?

296 PENNS LANE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 296 on PENNS LANE.