THE OLD GRANARY, GRANGE LANE, ALVECHURCH, BIRMINGHAM, B48 7DJ - £505,000

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

THE OLD GRANARY is a large extended detached house of 154m², built sometime between 1900 and 1929. It was last sold for £505,000 in September 2020, which was around 14% above the average September 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2020, where the current energy rating was E, and the potential energy rating was B.

THE OLD GRANARY Sold Prices

Land registry data shows three sales for THE OLD GRANARY 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. All of the three THE OLD GRANARY 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
2020 22 SEP	£505,000	£444,661	14% above HPI
2002 27 JUN	£345,000	£196,320	76% above HPI
2000 14 JUN	£335,000	£153,412	118% above HPI

THE OLD GRANARY 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 OLD GRANARY sales between June 2000 and September 2020 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 2002 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the September 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is THE OLD GRANARY?

THE OLD GRANARY is 154m², which includes one extension, according to the EPC inspection conducted in April 2020. This puts it in the largest 30% 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 OLD GRANARY lies on this distribution: 73% of detached houses are smaller than THE OLD GRANARY, and 27% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

THE OLD GRANARY: Plot and Title Map

THE OLD GRANARY sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of THE OLD GRANARY, 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 OLD GRANARY). 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 OLD GRANARY?

THE OLD GRANARY is located on GRANGE LANE in ALVECHURCH, in the B48 postcode district. The below map shows the position of THE OLD GRANARY on GRANGE LANE.