41, WEBB LANE, BIRMINGHAM, B28 0EB - £318,000

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

41 WEBB LANE is a very small extended detached house of 30m², built sometime between 1967 and 1975. It was last sold for £318,000 in May 2024, which was around 25% below the average May 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

41 WEBB LANE Sold Prices

Land registry data shows two sales for 41 WEBB 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 41 WEBB 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
2024 17 MAY	£318,000	£426,309	25% below HPI
1999 30 OCT	£93,000	£114,888	19% below HPI

41 WEBB 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 41 WEBB LANE sales from October 1999 and May 2024 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 October 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 41 WEBB LANE?

41 WEBB LANE is 30m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 41 WEBB LANE lies on this distribution: Less than 1% of detached houses are smaller than 41 WEBB LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

41 WEBB LANE: Plot and Title Map

41 WEBB LANE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 41 WEBB 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 41 WEBB 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 41 WEBB LANE?

41 WEBB LANE is located in BIRMINGHAM, in the B28 postcode district. The below map shows the position of No. 41 on WEBB LANE.