63, MONUMENT LANE, LICKEY, BIRMINGHAM, B45 9QJ - £560,000

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

63 MONUMENT LANE is a very large extended detached house of 269m², built sometime between 1950 and 1966. It was last sold for £560,000 in November 2012, which was around 80% above the average November 2012 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

63 MONUMENT LANE Sold Prices

Land registry data shows two sales for 63 MONUMENT 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 63 MONUMENT 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
2012 30 NOV	£560,000	£310,720	80% above HPI
1998 4 DEC	£300,000	£135,412	122% above HPI

63 MONUMENT 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 63 MONUMENT LANE sales from December 1998 and November 2012 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 December 1998 sale was for 122% above the HPI. So the extrapolation line tracks at 122% above the HPI over time, until the November 2012 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 63 MONUMENT LANE?

63 MONUMENT LANE is 269m², which includes four extensions, according to the EPC inspection conducted in May 2012. This puts it in the largest 10% of detached houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses by size in Lickey, and where 63 MONUMENT LANE lies on this distribution: 94% of detached houses are smaller than 63 MONUMENT LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Lickey.

63 MONUMENT LANE: Plot and Title Map

63 MONUMENT LANE sits on a plot of roughly 0.830 of an acre, or 3,358m². The below map shows the location of 63 MONUMENT 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 63 MONUMENT 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 63 MONUMENT LANE?

63 MONUMENT LANE is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 63 on MONUMENT LANE.