56, QUARRY LANE, BIRMINGHAM, B31 2PY - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

56 QUARRY LANE is a large extended detached house of 129m², built sometime between 1930 and 1949, which could now be worth an estimated £459,664. It was last sold for £425,000 in December 2021, which was around 6% above the average December 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

56 QUARRY LANE Sold Prices

Land registry data shows three sales for 56 QUARRY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 56 QUARRY 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
2021 3 DEC	£425,000	£401,231	6% above HPI
2020 28 FEB	£370,000	£350,316	6% above HPI
1996 6 DEC	£95,000	£90,866	5% above HPI

56 QUARRY 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 three 56 QUARRY LANE sales between December 1996 and December 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 February 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, which was also at 6% above the HPI.

What might 56 QUARRY LANE be worth now?

56 QUARRY LANE might now be worth an estimated £459,664.

This is based on house price inflation of 8.2%, between December 2021 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% inflationary increase is applied to the most recent sale price for 56 QUARRY LANE of £425,000 on 3rd December 2021. For the value to have increased from £425,000 to £459,664 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 56 QUARRY LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The December 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 56 QUARRY LANE has not materially changed since December 2021.

How Large is 56 QUARRY LANE?

56 QUARRY LANE is 129m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 56 QUARRY LANE lies on this distribution: 64% of detached houses houses are smaller than 56 QUARRY LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

56 QUARRY LANE: Plot and Title Map

56 QUARRY LANE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 56 QUARRY 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 56 QUARRY 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 56 QUARRY LANE?

56 QUARRY LANE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 56 on QUARRY LANE.