FOREMANS COTTAGE, BROME HALL LANE, LAPWORTH, SOLIHULL, B94 5RB - £1,250,000

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.

FOREMANS COTTAGE is a very small detached house of 87m², built sometime before 1900, which could now be worth an estimated £1,462,271. It was last sold for £1,250,000 in May 2021, which was around 128% above the average May 2021 detached price in the Warwick local authority area. The most recent EPC inspection was November 2008, where the current energy rating was G, and the potential energy rating was G.

FOREMANS COTTAGE Sold Prices

Land registry data shows two sales for FOREMANS COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. One of the two FOREMANS COTTAGE sales was for above the average price, whilst the other was 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
2021 28 MAY	£1,250,000	£548,321	128% above HPI
2009 8 JAN	£252,000	£295,505	15% below HPI

FOREMANS COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two FOREMANS COTTAGE sales from January 2009 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 January 2009 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2021 sale, where it rises to 128% above the HPI. The line then continues to track at 128% above the HPI.

What might FOREMANS COTTAGE be worth now?

FOREMANS COTTAGE might now be worth an estimated £1,462,271.

This is based on house price inflation of 17%, between May 2021 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17% inflationary increase is applied to the most recent sale price for FOREMANS COTTAGE of £1,250,000 on 28th May 2021. For the value to have increased from £1,250,000 to £1,462,271 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of FOREMANS COTTAGE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The May 2021 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of FOREMANS COTTAGE has not materially changed since May 2021.

How Large is FOREMANS COTTAGE?

FOREMANS COTTAGE is 87m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where FOREMANS COTTAGE lies on this distribution: 8% of detached houses houses are smaller than FOREMANS COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

FOREMANS COTTAGE: Plot and Title Map

FOREMANS COTTAGE sits on a plot of roughly 0.428 of an acre, or 1,734m². The below map shows the location of FOREMANS COTTAGE, 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 FOREMANS COTTAGE). 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 FOREMANS COTTAGE?

FOREMANS COTTAGE is located on BROME HALL LANE in LAPWORTH, in the B94 postcode district. The below map shows the position of FOREMANS COTTAGE on BROME HALL LANE.