8, CRABMILL LANE, BIRMINGHAM, B38 0HA - £224,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CRABMILL LANE is a very small detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £293,488. It was last sold for £224,000 in June 2017, which was around 44% below the average June 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

8 CRABMILL LANE Sold Prices

Land registry data shows four sales for 8 CRABMILL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 8 CRABMILL 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
2017 26 JUN	£224,000	£399,359	44% below HPI
2015 24 APR	£215,000	£336,492	36% below HPI
2008 4 JAN	£189,000	£320,247	41% below HPI
2006 31 JUL	£80,000	£299,220	73% below HPI

8 CRABMILL 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 four 8 CRABMILL LANE sales between July 2006 and June 2017 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 2015 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 8 CRABMILL LANE be worth now?

8 CRABMILL LANE might now be worth an estimated £293,488.

This is based on house price inflation of 31%, between June 2017 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31% inflationary increase is applied to the most recent sale price for 8 CRABMILL LANE of £224,000 on 26th June 2017. For the value to have increased from £224,000 to £293,488 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of 8 CRABMILL LANE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2017 sale price of £224,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CRABMILL LANE has not materially changed since June 2017.

How Large is 8 CRABMILL LANE?

8 CRABMILL LANE is 81m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 8 CRABMILL LANE lies on this distribution: 13% of detached houses houses are smaller than 8 CRABMILL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 CRABMILL LANE: Plot and Title Map

8 CRABMILL LANE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 8 CRABMILL 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 8 CRABMILL 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 8 CRABMILL LANE?

8 CRABMILL LANE is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 8 on CRABMILL LANE.