THE BARN, SCHOOL LANE, ALVECHURCH, BIRMINGHAM, B48 7SA - £697,500

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

THE BARN is a very large extended detached house of 356m², built sometime between 1967 and 1975. It was last sold for £697,500 in November 2014, which was around 107% above the average November 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was C.

THE BARN Sold Prices

Land registry data shows three sales for THE BARN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Two of the three THE BARN sales were for above the average price, whilst one was 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
2014 7 NOV	£697,500	£336,624	107% above HPI
2011 5 AUG	£245,000	£299,963	18% below HPI
1995 1 AUG	£240,000	£106,113	126% above HPI

THE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three THE BARN sales between August 1995 and November 2014 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 August 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2014 sale, where it rises to 107% above the HPI. The line then continues to track at 107% above the HPI.

How Large is THE BARN?

THE BARN is 356m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where THE BARN lies on this distribution: 98% of detached houses are smaller than THE BARN, and 2% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 1.3 acres, or 5,357m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on SCHOOL LANE in ALVECHURCH, in the B48 postcode district. The below map shows the position of THE BARN on SCHOOL LANE.