7, BLACKSMITHS LANE, HOCKLEY HEATH, SOLIHULL, B94 6QP - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 BLACKSMITHS LANE is a very small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £497,807. It was last sold for £400,000 in August 2018, which was around 16% below the average August 2018 detached price in the Solihull local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was C.

7 BLACKSMITHS LANE Sold Prices

Land registry data shows three sales for 7 BLACKSMITHS 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 Solihull local authority area for the corresponding sale date. All of the three 7 BLACKSMITHS 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
2018 6 AUG	£400,000	£473,809	16% below HPI
2014 9 MAY	£270,000	£360,349	25% below HPI
1998 23 JAN	£106,000	£145,191	27% below HPI

7 BLACKSMITHS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 7 BLACKSMITHS LANE sales between January 1998 and August 2018 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 May 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 BLACKSMITHS LANE be worth now?

7 BLACKSMITHS LANE might now be worth an estimated £497,807.

This is based on house price inflation of 24.5%, between August 2018 and December 2024, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 7 BLACKSMITHS LANE of £400,000 on 6th August 2018. For the value to have increased from £400,000 to £497,807 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 7 BLACKSMITHS LANE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The August 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BLACKSMITHS LANE has not materially changed since August 2018.

How Large is 7 BLACKSMITHS LANE?

7 BLACKSMITHS LANE is 105m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Hockley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hockley Heath, and where 7 BLACKSMITHS LANE lies on this distribution: 19% of detached houses houses are smaller than 7 BLACKSMITHS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hockley Heath.

7 BLACKSMITHS LANE: Plot and Title Map

7 BLACKSMITHS LANE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 7 BLACKSMITHS 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 7 BLACKSMITHS 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 7 BLACKSMITHS LANE?

7 BLACKSMITHS LANE is located in HOCKLEY HEATH, in the B94 postcode district. The below map shows the position of No. 7 on BLACKSMITHS LANE.