516, GROVELEY LANE, COFTON HACKETT, BIRMINGHAM, B45 8UB - £460,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

516 GROVELEY LANE is a very large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £460,000 in January 2017, which was around 21% above the average January 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2024, where the current energy rating was C, and the potential energy rating was B.

516 GROVELEY LANE Sold Prices

Land registry data shows two sales for 516 GROVELEY 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 516 GROVELEY 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
2017 23 JAN	£460,000	£379,571	21% above HPI
2009 16 JUL	£350,000	£291,077	20% above HPI

516 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 two 516 GROVELEY LANE sales from July 2009 and January 2017 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 July 2009 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2017 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 516 GROVELEY LANE?

516 GROVELEY LANE is 167m², which includes one extension, according to the EPC inspection conducted in November 2024. This puts it in the largest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 516 GROVELEY LANE lies on this distribution: 82% of detached houses are smaller than 516 GROVELEY LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

516 GROVELEY LANE: Plot and Title Map

516 GROVELEY LANE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 516 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 516 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 516 GROVELEY LANE?

516 GROVELEY LANE is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 516 on GROVELEY LANE.