46, PROSPECT LANE, SOLIHULL, B91 1HW - £617,000

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

46 PROSPECT LANE is a large extended detached house of 164m², built sometime between 1950 and 1966. It was last sold for £617,000 in September 2022, which was around 3% above the average September 2022 detached price in the Solihull local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

46 PROSPECT LANE Sold Prices

Land registry data shows four sales for 46 PROSPECT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the four 46 PROSPECT 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 12 SEP	£617,000	£596,711	3% above HPI
2011 28 APR	£380,000	£340,143	12% above HPI
2002 18 NOV	£342,000	£262,255	30% above HPI
1996 12 MAR	£145,000	£119,651	21% above HPI

46 PROSPECT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The four 46 PROSPECT LANE sales between March 1996 and September 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 April 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 46 PROSPECT LANE?

46 PROSPECT LANE is 164m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 30% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 46 PROSPECT LANE lies on this distribution: 76% of detached houses are smaller than 46 PROSPECT LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Solihull.

46 PROSPECT LANE: Plot and Title Map

46 PROSPECT LANE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 46 PROSPECT 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 46 PROSPECT 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 46 PROSPECT LANE?

46 PROSPECT LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 46 on PROSPECT LANE.