9, SPRING LANE, HOCKLEY HEATH, SOLIHULL, B94 6QX - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 SPRING LANE is a large extended detached house of 183m², built sometime between 1900 and 1929. It was last sold for £525,000 in September 2009, which was around 59% above the average September 2009 detached price in the Solihull local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

9 SPRING LANE Sold Prices

Land registry data shows two sales for 9 SPRING LANE since 1^st 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. Both of the two 9 SPRING 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
2009 18 SEP	£525,000	£329,621	59% above HPI
2002 16 JUL	£330,000	£237,713	39% above HPI

9 SPRING 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 two 9 SPRING LANE sales from July 2002 and September 2009 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 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2009 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 9 SPRING LANE?

9 SPRING LANE is 183m², which includes two extensions, according to the EPC inspection conducted in July 2024. This puts it in the largest 30% of detached houses in Hockley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley Heath, and where 9 SPRING LANE lies on this distribution: 78% of detached houses are smaller than 9 SPRING LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Hockley Heath.

9 SPRING LANE: Plot and Title Map

9 SPRING LANE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 9 SPRING 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 9 SPRING 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 9 SPRING LANE?

9 SPRING LANE is located in HOCKLEY HEATH, in the B94 postcode district. The below map shows the position of No. 9 on SPRING LANE.