PENTRE, LYE CLOSE LANE, BIRMINGHAM, B32 3QS - £185,000

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

PENTRE is a large extended detached house of 138m², built sometime between 1976 and 1982. It was last sold for £185,000 in January 2018, which was around 44% below the average January 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

PENTRE Sold Prices

Land registry data shows two sales for PENTRE since 1^st 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 PENTRE 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
2018 26 JAN	£185,000	£332,930	44% below HPI
1998 29 JUN	£99,950	£103,627	4% below HPI

PENTRE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two PENTRE sales from June 1998 and January 2018 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 June 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is PENTRE?

PENTRE is 138m², which includes two extensions, according to the EPC inspection conducted in April 2017. 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 PENTRE lies on this distribution: 69% of detached houses are smaller than PENTRE, and 30% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

PENTRE: Plot and Title Map

PENTRE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of PENTRE, 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 PENTRE). 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 PENTRE?

PENTRE is located on LYE CLOSE LANE in BIRMINGHAM, in the B32 postcode district. The below map shows the position of PENTRE on LYE CLOSE LANE.