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
77 MILL LANE is a large extended detached house of 156m², built sometime between 1900 and 1929. It was last sold for £620,000 in June 2021, which was around 15% above the average June 2021 detached price in the Solihull local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 77 MILL LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. One of the two 77 MILL LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2021 28 JUN | £620,000 | £539,342 | 15% above HPI |
1996 1 JUL | £115,000 | £121,643 | 5% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 77 MILL LANE sales from July 1996 and June 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 July 1996 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
77 MILL LANE is 156m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Bentley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bentley Heath, and where 77 MILL LANE lies on this distribution: 78% of detached houses are smaller than 77 MILL LANE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bentley Heath.
77 MILL LANE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 77 MILL 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 77 MILL 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.
77 MILL LANE is located in BENTLEY HEATH, in the B93 postcode district. The below map shows the position of No. 77 on MILL LANE.