118, STATION LANE, LAPWORTH, SOLIHULL, B94 6JJ - £420,000

118 STATION LANE is a small extended semi-detached house of 115m², built sometime between 1930 and 1949. It was last sold for £420,000 in August 2016, which was around 14% below the average August 2016 detached price in the Warwick local authority area. The most recent EPC inspection was May 2010, where the current energy rating was F, and the potential energy rating was E.

118 STATION LANE Sold Prices

Land registry data shows four sales for 118 STATION LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 118 STATION 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
2016 26 AUG	£420,000	£488,257	14% below HPI
2011 25 MAR	£300,000	£366,155	18% below HPI
2004 28 JAN	£280,000	£291,847	4% below HPI
1999 12 FEB	£128,000	£155,222	18% below HPI

118 STATION LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 118 STATION LANE sales between February 1999 and August 2016 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 March 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 118 STATION LANE?

118 STATION LANE is 115m², which includes two extensions, according to the EPC inspection conducted in May 2010. This puts it in the smallest 30% of detached houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where 118 STATION LANE lies on this distribution: 26% of detached houses are smaller than 118 STATION LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

118 STATION LANE: Plot and Title Map

118 STATION LANE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 118 STATION 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 118 STATION 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 118 STATION LANE?

118 STATION LANE is located in LAPWORTH, in the B94 postcode district. The below map shows the position of No. 118 on STATION LANE.