5, WEBB LANE, BIRMINGHAM, B28 0EB - £285,000

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

5 WEBB LANE is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £285,000 in October 2022, which was around 37% below the average October 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

5 WEBB LANE Sold Prices

Land registry data shows two sales for 5 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 5 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
2022 31 OCT	£285,000	£451,232	37% below HPI
1999 17 MAY	£90,000	£106,857	16% below HPI

5 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 5 WEBB LANE sales from May 1999 and October 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 May 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 5 WEBB LANE?

5 WEBB LANE is 67m² according to the EPC inspection conducted in April 2015. 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 5 WEBB LANE lies on this distribution: 4% of detached houses are smaller than 5 WEBB LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 WEBB LANE: Plot and Title Map

5 WEBB LANE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 5 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 5 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 5 WEBB LANE?

5 WEBB LANE is located in BIRMINGHAM, in the B28 postcode district. The below map shows the position of No. 5 on WEBB LANE.