55, WITHYBED LANE, ALVECHURCH, BIRMINGHAM, B48 7PJ - £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

55 WITHYBED LANE is a small extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £460,000 in July 2022, which was around 9% below the average July 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

55 WITHYBED LANE Sold Prices

Land registry data shows four sales for 55 WITHYBED LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 55 WITHYBED 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 25 JUL	£460,000	£503,299	9% below HPI
2021 12 AUG	£380,000	£467,496	19% below HPI
2013 29 JUL	£280,000	£303,940	8% below HPI
2002 7 JUN	£174,000	£196,320	11% below HPI

55 WITHYBED 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 four 55 WITHYBED LANE sales between June 2002 and July 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 August 2021 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 55 WITHYBED LANE?

55 WITHYBED LANE is 105m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where 55 WITHYBED LANE lies on this distribution: 29% of detached houses are smaller than 55 WITHYBED LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

55 WITHYBED LANE: Plot and Title Map

55 WITHYBED LANE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 55 WITHYBED 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 55 WITHYBED 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 55 WITHYBED LANE?

55 WITHYBED LANE is located in ALVECHURCH, in the B48 postcode district. The below map shows the position of No. 55 on WITHYBED LANE.