OVERSTRAND, NEWLANDS LANE, BIRMINGHAM, B37 7ED - £259,950

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

OVERSTRAND is a midsized extended detached house of 117m², built sometime between 1900 and 1929. It was last sold for £259,950 in September 2012, which was around 24% below the average September 2012 detached price in the Solihull local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

OVERSTRAND Sold Prices

Land registry data shows two sales for OVERSTRAND 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 OVERSTRAND 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
2012 14 SEP	£259,950	£341,170	24% below HPI
2004 30 APR	£250,000	£297,084	16% below HPI

OVERSTRAND 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 OVERSTRAND sales from April 2004 and September 2012 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2012 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is OVERSTRAND?

OVERSTRAND is 117m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where OVERSTRAND lies on this distribution: 52% of detached houses are smaller than OVERSTRAND, and 48% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

OVERSTRAND: Plot and Title Map

OVERSTRAND sits on a plot of roughly 0.329 of an acre, or 1,333m². The below map shows the location of OVERSTRAND, 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 OVERSTRAND). 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 OVERSTRAND?

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