81, COMMON LANE, SHELDON, BIRMINGHAM, B26 3DB - £120,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

81 COMMON LANE is a small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £120,000 in December 2019, which was around 66% below the average December 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

81 COMMON LANE Sold Prices

Land registry data shows three sales for 81 COMMON 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 Birmingham local authority area for the corresponding sale date. All of the three 81 COMMON 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
2019 18 DEC	£120,000	£355,151	66% below HPI
2007 10 AUG	£148,000	£267,351	45% below HPI
2004 9 FEB	£45,000	£227,878	80% below HPI

81 COMMON LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 81 COMMON LANE sales between February 2004 and December 2019 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 August 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2019 sale, where it falls to 66% below the HPI. The line then continues to track at 66% below the HPI.

How Large is 81 COMMON LANE?

81 COMMON LANE is 89m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 81 COMMON LANE lies on this distribution: 21% of detached houses are smaller than 81 COMMON LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

81 COMMON LANE: Plot and Title Map

81 COMMON LANE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 81 COMMON 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 81 COMMON 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 81 COMMON LANE?

81 COMMON LANE is located in SHELDON, in the B26 postcode district. The below map shows the position of No. 81 on COMMON LANE.