468, GROVELEY LANE, COFTON HACKETT, BIRMINGHAM, B45 8UG - £460,000

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

468 GROVELEY LANE is a midsized detached house of 111m², built sometime between 1930 and 1949. It was last sold for £460,000 in June 2021, which was around 1% above the average June 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was D.

468 GROVELEY LANE Sold Prices

Land registry data shows three sales for 468 GROVELEY 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 Bromsgrove local authority area for the corresponding sale date. Two of the three 468 GROVELEY LANE sales were for above the average price, whilst one 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
2021 24 JUN	£460,000	£455,916	1% above HPI
2020 18 MAR	£399,000	£433,218	8% below HPI
2011 30 JUN	£310,000	£301,663	3% above HPI

468 GROVELEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 468 GROVELEY LANE sales between June 2011 and June 2021 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 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 468 GROVELEY LANE?

468 GROVELEY LANE is 111m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 468 GROVELEY LANE lies on this distribution: 45% of detached houses are smaller than 468 GROVELEY LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

468 GROVELEY LANE: Plot and Title Map

468 GROVELEY LANE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 468 GROVELEY 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 468 GROVELEY 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 468 GROVELEY LANE?

468 GROVELEY LANE is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 468 on GROVELEY LANE.