12, CHERRY LANE, SUTTON COLDFIELD, B73 5TW - £309,000

12 CHERRY LANE is a very small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £309,000 in September 2020, which was around 17% below the average September 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

12 CHERRY LANE Sold Prices

Land registry data shows six sales for 12 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the six 12 CHERRY 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
2020 1 SEP	£309,000	£370,243	17% below HPI
2006 10 NOV	£190,000	£258,737	27% below HPI
2003 31 JUL	£159,950	£211,606	24% below HPI
2002 25 OCT	£165,000	£181,660	9% below HPI
1998 23 OCT	£88,000	£105,316	16% below HPI
1997 31 JUL	£87,000	£97,984	11% below HPI

12 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The six 12 CHERRY LANE sales between July 1997 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 November 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 12 CHERRY LANE?

12 CHERRY LANE is 97m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 12 CHERRY LANE lies on this distribution: 18% of detached houses are smaller than 12 CHERRY LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

12 CHERRY LANE: Plot and Title Map

12 CHERRY LANE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 12 CHERRY 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 12 CHERRY 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 12 CHERRY LANE?

12 CHERRY LANE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 12 on CHERRY LANE.