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
3 GRANARY LANE is a small extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £495,000 in November 2022, which was around 9% above the average November 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 3 GRANARY LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the five 3 GRANARY 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 |
---|---|---|---|
2022 28 NOV | £495,000 | £454,411 | 9% above HPI |
2018 12 SEP | £450,000 | £351,828 | 28% above HPI |
2006 14 JUN | £266,500 | £250,005 | 7% above HPI |
2001 27 JUL | £175,000 | £142,222 | 23% above HPI |
1999 28 MAY | £146,000 | £106,857 | 37% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The five 3 GRANARY LANE sales between May 1999 and November 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 September 2018 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2022 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.
3 GRANARY LANE is 109m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% 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 3 GRANARY LANE lies on this distribution: 30% of detached houses are smaller than 3 GRANARY LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
3 GRANARY LANE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 3 GRANARY 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 3 GRANARY 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.
3 GRANARY LANE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 3 on GRANARY LANE.