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

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.

PENTRE is a large extended detached house of 138m², built sometime between 1976 and 1982, which could now be worth an estimated £245,881. It was last sold for £185,000 in January 2018, which was around 43% 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	£326,507	43% below HPI
1998 29 JUN	£99,950	£101,628	2% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might PENTRE be worth now?

PENTRE might now be worth an estimated £245,881.

This is based on house price inflation of 32.9%, between January 2018 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.9% inflationary increase is applied to the most recent sale price for PENTRE of £185,000 on 26th January 2018. For the value to have increased from £185,000 to £245,881 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of PENTRE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The January 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of PENTRE has not materially changed since January 2018.

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 houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where PENTRE lies on this distribution: 69% of detached houses 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.