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
355 FORDHOUSE LANE is a large extended detached house of 141m², built sometime between 1930 and 1949. It was last sold for £390,000 in April 2021, which was about the average April 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 355 FORDHOUSE LANE since 1st 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 355 FORDHOUSE LANE sales was roughly equal to 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 |
---|---|---|---|
2021 29 APR | £390,000 | £388,769 | Close to HPI |
2012 2 APR | £220,000 | £245,345 | 10% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 355 FORDHOUSE LANE sales from April 2012 and April 2021 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 April 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
355 FORDHOUSE LANE is 141m², which includes two extensions, according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 355 FORDHOUSE LANE lies on this distribution: 71% of detached houses are smaller than 355 FORDHOUSE LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
355 FORDHOUSE LANE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 355 FORDHOUSE 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 355 FORDHOUSE 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.
355 FORDHOUSE LANE is located in BIRMINGHAM, in the B30 postcode district. The below map shows the position of No. 355 on FORDHOUSE LANE.