31, WEBB LANE, BIRMINGHAM, B28 0EB - £280,000

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

31 WEBB LANE is a midsized detached house of 107m², built sometime between 1930 and 1949. It was last sold for £280,000 in September 2017, which was around 16% below the average September 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

31 WEBB LANE Sold Prices

Land registry data shows three sales for 31 WEBB 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. Two of the three 31 WEBB LANE sales were for below the average price, whilst one was 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
2017 22 SEP	£280,000	£331,552	16% below HPI
2014 9 MAY	£245,000	£259,544	6% below HPI
1998 11 JUN	£115,000	£103,627	11% above HPI

31 WEBB 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 31 WEBB LANE sales between June 1998 and September 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 May 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2017 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 31 WEBB LANE?

31 WEBB LANE is 107m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 31 WEBB LANE lies on this distribution: 40% of detached houses are smaller than 31 WEBB LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

31 WEBB LANE: Plot and Title Map

31 WEBB LANE sits on a plot of roughly 0.237 of an acre, or 958m². The below map shows the location of 31 WEBB 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 31 WEBB 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 31 WEBB LANE?

31 WEBB LANE is located in BIRMINGHAM, in the B28 postcode district. The below map shows the position of No. 31 on WEBB LANE.