GRAFTON, NEWLANDS LANE, BIRMINGHAM, B37 7EE - £242,000

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

GRAFTON is a large detached house of 137m², built sometime between 1976 and 1982. It was last sold for £242,000 in July 2003, which was around 14% below the average July 2003 detached price in the Solihull local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

GRAFTON Sold Prices

Land registry data shows two sales for GRAFTON 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 GRAFTON 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
2003 25 JUL	£242,000	£282,980	14% below HPI
1999 10 DEC	£136,500	£170,741	20% below HPI

GRAFTON 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 GRAFTON sales from December 1999 and July 2003 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 December 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2003 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is GRAFTON?

GRAFTON is 137m² according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where GRAFTON lies on this distribution: 69% of detached houses are smaller than GRAFTON, and 31% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

GRAFTON: Plot and Title Map

GRAFTON sits on a plot of roughly 0.322 of an acre, or 1,302m². The below map shows the location of GRAFTON, 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 GRAFTON). 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 GRAFTON?

GRAFTON is located on NEWLANDS LANE in BIRMINGHAM, in the B37 postcode district. The below map shows the position of GRAFTON on NEWLANDS LANE.