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
61 PENNS LANE is a large extended semi-detached house of 155m², built sometime between 1900 and 1929. It was last sold for £640,250 in May 2020, which was around 78% above the average May 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 61 PENNS 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 61 PENNS 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 |
---|---|---|---|
2020 29 MAY | £640,250 | £359,030 | 78% above HPI |
2019 4 OCT | £900,000 | £357,536 | 152% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 61 PENNS LANE sales from October 2019 and May 2020 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 October 2019 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the May 2020 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.
61 PENNS LANE is 155m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% 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 61 PENNS LANE lies on this distribution: 70% of detached houses are smaller than 61 PENNS LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
61 PENNS LANE sits on a plot of roughly 0.220 of an acre, or 890m². The below map shows the location of 61 PENNS 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 61 PENNS 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.
61 PENNS LANE is located in SUTTON COLDFIELD, in the B72 postcode district. The below map shows the position of No. 61 on PENNS LANE.