38, WOOD LANE, WOODGATE, BIRMINGHAM, B32 4AA - £183,000

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

38 WOOD LANE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £183,000 in September 2017, which was around 45% below the average September 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

38 WOOD LANE Sold Prices

Land registry data shows two sales for 38 WOOD 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 38 WOOD 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
2017 1 SEP	£183,000	£331,552	45% below HPI
1999 24 SEP	£79,995	£114,581	30% below HPI

38 WOOD 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 38 WOOD LANE sales from September 1999 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 September 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2017 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 38 WOOD LANE?

38 WOOD LANE is 96m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 38 WOOD LANE lies on this distribution: 29% of detached houses are smaller than 38 WOOD LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 WOOD LANE: Plot and Title Map

38 WOOD LANE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 38 WOOD 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 38 WOOD 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 38 WOOD LANE?

38 WOOD LANE is located in WOODGATE, in the B32 postcode district. The below map shows the position of No. 38 on WOOD LANE.