71, MONUMENT LANE, LICKEY, BIRMINGHAM, B45 9QJ - £570,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

71 MONUMENT LANE is a midsized extended semi-detached house of 137m², built sometime between 1930 and 1949. It was last sold for £570,000 in September 2016, which was around 49% above the average September 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was A.

71 MONUMENT LANE Sold Prices

Land registry data shows three sales for 71 MONUMENT 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 Bromsgrove local authority area for the corresponding sale date. All of the three 71 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
2016 14 SEP	£570,000	£382,008	49% above HPI
2001 4 APR	£245,000	£166,195	47% above HPI
1995 22 DEC	£149,950	£104,472	44% above HPI

71 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 three 71 MONUMENT LANE sales between December 1995 and September 2016 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 April 2001 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the September 2016 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 71 MONUMENT LANE?

71 MONUMENT LANE is 137m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of detached houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses by size in Lickey, and where 71 MONUMENT LANE lies on this distribution: 41% of detached houses are smaller than 71 MONUMENT LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Lickey.

71 MONUMENT LANE: Plot and Title Map

71 MONUMENT LANE sits on a plot of roughly 0.248 of an acre, or 1,002m². The below map shows the location of 71 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 71 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 71 MONUMENT LANE?

71 MONUMENT LANE is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 71 on MONUMENT LANE.