387, COURT LANE, BIRMINGHAM, B23 5JX - £172,000

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

387 COURT LANE is a very small detached house of 83m², built sometime between 1976 and 1982. It was last sold for £172,000 in July 2020, which was around 53% below the average July 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

387 COURT LANE Sold Prices

Land registry data shows three sales for 387 COURT 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. All of the three 387 COURT 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
2020 17 JUL	£172,000	£365,908	53% below HPI
2014 28 MAR	£90,000	£257,947	65% below HPI
2000 3 APR	£57,000	£117,020	51% below HPI

387 COURT 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 387 COURT LANE sales between April 2000 and July 2020 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 March 2014 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the July 2020 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 387 COURT LANE?

387 COURT LANE is 83m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 387 COURT LANE lies on this distribution: 14% of detached houses are smaller than 387 COURT LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

387 COURT LANE: Plot and Title Map

387 COURT LANE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 387 COURT 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 387 COURT 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 387 COURT LANE?

387 COURT LANE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 387 on COURT LANE.