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
98 TURFPITS LANE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £240,000 in September 2022, which was around 46% below the average September 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 98 TURFPITS LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 98 TURFPITS 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 |
---|---|---|---|
2022 23 SEP | £240,000 | £447,621 | 46% below HPI |
2021 7 OCT | £180,000 | £401,041 | 55% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 98 TURFPITS LANE sales from October 2021 and September 2022 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 October 2021 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the September 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.
98 TURFPITS LANE is 61m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 98 TURFPITS LANE lies on this distribution: 2% of detached houses are smaller than 98 TURFPITS LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
98 TURFPITS LANE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 98 TURFPITS 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 98 TURFPITS 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.
98 TURFPITS LANE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 98 on TURFPITS LANE.