40, WYCHALL LANE, BIRMINGHAM, B38 8TA - £592,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

40 WYCHALL LANE is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £592,000 in November 2023, which was around 34% above the average November 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

40 WYCHALL LANE Sold Prices

Land registry data shows two sales for 40 WYCHALL 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. One of the two 40 WYCHALL LANE sales was for above 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
2023 17 NOV	£592,000	£440,395	34% above HPI
2017 27 APR	£263,500	£314,627	16% below HPI

40 WYCHALL 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 40 WYCHALL LANE sales from April 2017 and November 2023 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 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2023 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 40 WYCHALL LANE?

40 WYCHALL LANE is 172m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 40 WYCHALL LANE lies on this distribution: 84% of detached houses are smaller than 40 WYCHALL LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

40 WYCHALL LANE: Plot and Title Map

40 WYCHALL LANE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 40 WYCHALL 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 40 WYCHALL 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 40 WYCHALL LANE?

40 WYCHALL LANE is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 40 on WYCHALL LANE.