THE LAURELS, THE FORDRIFT, MARSTON GREEN, BIRMINGHAM, B37 7EA - £477,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

THE LAURELS is a very large extended detached house of 208m², built sometime between 1900 and 1929. It was last sold for £477,000 in November 2007, which was around 33% above the average November 2007 detached price in the Solihull local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was D.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three THE LAURELS 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
2007 29 NOV	£477,000	£359,918	33% above HPI
2002 3 MAY	£295,450	£228,887	29% above HPI
1997 23 JAN	£147,500	£127,433	16% above HPI

THE LAURELS 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 three THE LAURELS sales between January 1997 and November 2007 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 May 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2007 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is THE LAURELS?

THE LAURELS is 208m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where THE LAURELS lies on this distribution: 91% of detached houses are smaller than THE LAURELS, and 9% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.294 of an acre, or 1,189m². The below map shows the location of THE LAURELS, 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 LAURELS). 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 LAURELS?

THE LAURELS is located on THE FORDRIFT in MARSTON GREEN, in the B37 postcode district. The below map shows the position of THE LAURELS on THE FORDRIFT.