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
LANTERN HOUSE is a large extended detached house of 168m², built sometime between 1930 and 1949. It was last sold for £975,000 in August 2023, which was around 121% above the average August 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for LANTERN HOUSE 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 LANTERN HOUSE 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 |
---|---|---|---|
2023 29 AUG | £975,000 | £441,897 | 121% above HPI |
1997 22 JAN | £235,000 | £92,886 | 153% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two LANTERN HOUSE sales from January 1997 and August 2023 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 1997 sale was for 153% above the HPI. So the extrapolation line tracks at 153% above the HPI over time, until the August 2023 sale, where it falls to 121% above the HPI. The line then continues to track at 121% above the HPI.
LANTERN HOUSE is 168m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where LANTERN HOUSE lies on this distribution: 76% of detached houses are smaller than LANTERN HOUSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
LANTERN HOUSE sits on a plot of roughly 0.322 of an acre, or 1,304m². The below map shows the location of LANTERN HOUSE, 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 LANTERN HOUSE). 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.
LANTERN HOUSE is located on WYNDLEY LANE in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of LANTERN HOUSE on WYNDLEY LANE.