129, MILL LANE, QUINTON, BIRMINGHAM, B32 3BB - £180,000

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.

129 MILL LANE is a very small terraced house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £187,005. It was last sold for £180,000 in October 2023, which was around 15% below the average October 2023 terraced price in the Birmingham local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

129 MILL LANE Sold Prices

Land registry data shows two sales for 129 MILL 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 129 MILL LANE sales was for below the average price, whilst the other was for above 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 6 OCT	£180,000	£211,500	15% below HPI
2003 25 JUL	£95,000	£90,873	5% above HPI

129 MILL 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 129 MILL LANE sales from July 2003 and October 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 July 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 129 MILL LANE be worth now?

129 MILL LANE might now be worth an estimated £187,005.

This is based on house price inflation of 3.9%, between October 2023 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 3.9% inflationary increase is applied to the most recent sale price for 129 MILL LANE of £180,000 on 6th October 2023. For the value to have increased from £180,000 to £187,005 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 129 MILL LANE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The October 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 129 MILL LANE has not materially changed since October 2023.

How Large is 129 MILL LANE?

129 MILL LANE is 75m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 10% 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 129 MILL LANE lies on this distribution: 8% of terraced houses houses are smaller than 129 MILL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

129 MILL LANE: Plot and Title Map

129 MILL LANE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 129 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 129 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 129 MILL LANE?

129 MILL LANE is located in QUINTON, in the B32 postcode district. The below map shows the position of No. 129 on MILL LANE.