103, COMMON LANE, SHELDON, BIRMINGHAM, B26 3DB - £230,000

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.

103 COMMON LANE is a small extended terraced house of 100m², built sometime between 1930 and 1949, which could now be worth an estimated £271,102. It was last sold for £230,000 in April 2021, which was around 22% above the average April 2021 terraced price in the Birmingham local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

103 COMMON LANE Sold Prices

Land registry data shows two sales for 103 COMMON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. One of the two 103 COMMON LANE sales was for above the average price, whilst the other 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
2021 9 APR	£230,000	£188,697	22% above HPI
2011 27 MAY	£85,000	£113,396	25% below HPI

103 COMMON LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The two 103 COMMON LANE sales from May 2011 and April 2021 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 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2021 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 103 COMMON LANE be worth now?

103 COMMON LANE might now be worth an estimated £271,102.

This is based on house price inflation of 17.9%, between April 2021 and April 2026, for terraced 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 17.9% inflationary increase is applied to the most recent sale price for 103 COMMON LANE of £230,000 on 9th April 2021. For the value to have increased from £230,000 to £271,102 over the five years to April 2026, the following assumptions must hold true:

• The value of 103 COMMON LANE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The April 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 103 COMMON LANE has not materially changed since April 2021.

How Large is 103 COMMON LANE?

103 COMMON LANE is 100m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 40% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 103 COMMON LANE lies on this distribution: 33% of terraced houses houses are smaller than 103 COMMON LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

103 COMMON LANE: Plot and Title Map

103 COMMON LANE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 103 COMMON LANE, 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 103 COMMON LANE). 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 103 COMMON LANE?

103 COMMON LANE is located in SHELDON, in the B26 postcode district. The below map shows the position of No. 103 on COMMON LANE.