11, COMMON LANE, SHELDON, BIRMINGHAM, B26 3BN - £192,000

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.

11 COMMON LANE is a very small terraced house of 66m², built sometime between 1930 and 1949, which could now be worth an estimated £204,971. It was last sold for £192,000 in May 2022, which was around 7% below the average May 2022 terraced price in the Birmingham local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

11 COMMON LANE Sold Prices

Land registry data shows seven sales for 11 COMMON LANE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the seven 11 COMMON LANE 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
2022 20 MAY	£192,000	£205,826	7% below HPI
2021 12 MAR	£170,000	£187,722	9% below HPI
2021 12 MAR	£170,000	£187,722	9% below HPI
2019 23 JAN	£160,000	£166,077	4% below HPI
2017 20 NOV	£140,000	£155,405	10% below HPI
2017 20 NOV	£140,000	£155,405	10% below HPI
1999 29 JAN	£32,000	£44,177	28% below HPI

What might 11 COMMON LANE be worth now?

11 COMMON LANE might now be worth an estimated £204,971.

This is based on house price inflation of 6.8%, between May 2022 and May 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 6.8% inflationary increase is applied to the most recent sale price for 11 COMMON LANE of £192,000 on 20th May 2022. For the value to have increased from £192,000 to £204,971 over the four years to May 2026, the following assumptions must hold true:

• The value of 11 COMMON LANE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The May 2022 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 11 COMMON LANE has not materially changed since May 2022.

How Large is 11 COMMON LANE?

11 COMMON LANE is 66m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of terraced houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Birmingham, and where 11 COMMON LANE lies on this distribution: 10% of terraced houses are smaller than 11 COMMON LANE, and 89% of terraced houses are larger. Note that EPC data is not available for all properties in Birmingham.

11 COMMON LANE: Plot

11 COMMON LANE sits on a plot of roughly 0.062 of an acre, or 252m².

Where is 11 COMMON LANE?

11 COMMON LANE is located in SHELDON, in the B26 postcode district.