367, GRAVELLY LANE, BIRMINGHAM, B23 5TA - £311,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

367 GRAVELLY LANE is a very small detached house of 99m², built sometime between 1900 and 1929, which could now be worth an estimated £339,756. It was last sold for £311,000 in November 2021, which was around 22% below the average November 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was F.

367 GRAVELLY LANE Sold Prices

Land registry data shows two sales for 367 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. Both of the two 367 GRAVELLY LANE sales were 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 4 NOV	£311,000	£397,227	22% below HPI
2010 30 NOV	£150,000	£252,209	41% below HPI

367 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 367 GRAVELLY LANE sales from November 2010 and November 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 November 2010 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 367 GRAVELLY LANE be worth now?

367 GRAVELLY LANE might now be worth an estimated £339,756.

This is based on house price inflation of 9.2%, between November 2021 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.2% inflationary increase is applied to the most recent sale price for 367 GRAVELLY LANE of £311,000 on 4th November 2021. For the value to have increased from £311,000 to £339,756 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 367 GRAVELLY LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The November 2021 sale price of £311,000 represented a fair market value for the property.
• The size, condition, and specification of 367 GRAVELLY LANE has not materially changed since November 2021.

How Large is 367 GRAVELLY LANE?

367 GRAVELLY LANE is 99m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 367 GRAVELLY LANE lies on this distribution: 20% of detached houses houses are smaller than 367 GRAVELLY LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

367 GRAVELLY LANE: Plot and Title Map

367 GRAVELLY LANE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 367 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 367 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 367 GRAVELLY LANE?

367 GRAVELLY LANE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 367 on GRAVELLY LANE.