Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
55 LOVELACE AVENUE is a very large extended detached house of 312m², built sometime between 1996 and 2002. It was last sold for £1,200,000 in September 2017, which was around 158% above the average September 2017 detached price in the Solihull local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 55 LOVELACE AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the five 55 LOVELACE AVENUE 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 6 SEP | £1,200,000 | £466,001 | 158% above HPI |
2014 8 AUG | £975,000 | £376,474 | 159% above HPI |
2009 24 APR | £995,000 | £308,860 | 222% above HPI |
2001 23 AUG | £695,000 | £208,606 | 233% above HPI |
1997 19 MAY | £425,000 | £133,791 | 218% above HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The five 55 LOVELACE AVENUE sales between May 1997 and September 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 August 2014 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the September 2017 sale, where it falls to 158% above the HPI. The line then continues to track at 158% above the HPI.
55 LOVELACE AVENUE is 312m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 10% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 55 LOVELACE AVENUE lies on this distribution: 98% of detached houses are smaller than 55 LOVELACE AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Solihull.
55 LOVELACE AVENUE sits on a plot of roughly 0.372 of an acre, or 1,507m². The below map shows the location of 55 LOVELACE AVENUE, 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 55 LOVELACE AVENUE). 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.
55 LOVELACE AVENUE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 55 on LOVELACE AVENUE.