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
4 FARM HOUSE LANE is a midsized extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £600,000 in August 2022, which was around 36% above the average August 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 FARM HOUSE LANE since 1st 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 4 FARM HOUSE LANE sales were 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 |
---|---|---|---|
2022 1 AUG | £600,000 | £440,270 | 36% above HPI |
2010 19 MAR | £275,000 | £242,985 | 13% above HPI |
2003 11 APR | £244,000 | £205,370 | 19% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 4 FARM HOUSE LANE sales between April 2003 and August 2022 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 2010 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2022 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
4 FARM HOUSE LANE is 128m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 4 FARM HOUSE LANE lies on this distribution: 51% of detached houses are smaller than 4 FARM HOUSE LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
4 FARM HOUSE LANE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 4 FARM HOUSE 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 4 FARM HOUSE 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.
4 FARM HOUSE LANE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 4 on FARM HOUSE LANE.