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
51 GRANGE LANE is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £124,575 in June 2021, which was around 69% below the average June 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 51 GRANGE LANE since 1st 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 51 GRANGE 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 |
---|---|---|---|
2021 18 JUN | £124,575 | £395,860 | 69% below HPI |
2005 23 MAR | £184,000 | £242,739 | 24% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 51 GRANGE LANE sales from March 2005 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 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2021 sale, where it falls to 69% below the HPI. The line then continues to track at 69% below the HPI.
51 GRANGE LANE is 66m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 51 GRANGE LANE lies on this distribution: 1% of detached houses are smaller than 51 GRANGE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
51 GRANGE LANE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 51 GRANGE 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 51 GRANGE 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.
51 GRANGE LANE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 51 on GRANGE LANE.