97, PROSPECT LANE, SOLIHULL, B91 1HT - £895,000

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

97 PROSPECT LANE is a very large extended detached house of 287m², built sometime between 1950 and 1966. It was last sold for £895,000 in May 2021, which was around 68% above the average May 2021 detached price in the Solihull local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was C.

97 PROSPECT LANE Sold Prices

Land registry data shows three sales for 97 PROSPECT 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 Solihull local authority area for the corresponding sale date. All of the three 97 PROSPECT 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
2021 28 MAY	£895,000	£533,151	68% above HPI
2001 18 APR	£362,500	£200,963	80% above HPI
1996 17 OCT	£170,000	£126,096	35% above HPI

97 PROSPECT 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 three 97 PROSPECT LANE sales between October 1996 and May 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 April 2001 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the May 2021 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 97 PROSPECT LANE?

97 PROSPECT LANE is 287m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 10% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 97 PROSPECT LANE lies on this distribution: 97% of detached houses are smaller than 97 PROSPECT LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Solihull.

97 PROSPECT LANE: Plot and Title Map

97 PROSPECT LANE sits on a plot of roughly 0.279 of an acre, or 1,128m². The below map shows the location of 97 PROSPECT 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 97 PROSPECT 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 97 PROSPECT LANE?

97 PROSPECT LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 97 on PROSPECT LANE.