127, MILL LANE, QUINTON, BIRMINGHAM, B32 3BB - £193,000

127 MILL LANE is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £193,000 in September 2023, which was around 56% below the average September 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

127 MILL LANE Sold Prices

Land registry data shows five sales for 127 MILL LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the five 127 MILL 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
2023 8 SEP	£193,000	£442,980	56% below HPI
2019 4 OCT	£153,000	£357,536	57% below HPI
2017 15 DEC	£137,500	£333,553	59% below HPI
2007 10 AUG	£114,950	£267,351	57% below HPI
2006 23 MAR	£82,000	£246,341	67% below HPI

127 MILL 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 five 127 MILL LANE sales between March 2006 and September 2023 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 October 2019 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the September 2023 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 127 MILL LANE?

127 MILL LANE is 75m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 127 MILL LANE lies on this distribution: 8% of detached houses are smaller than 127 MILL LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

127 MILL LANE: Plot and Title Map

127 MILL LANE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 127 MILL 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 127 MILL 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 127 MILL LANE?

127 MILL LANE is located in QUINTON, in the B32 postcode district. The below map shows the position of No. 127 on MILL LANE.