15, PROSPECT LANE, SOLIHULL, B91 1HN - £640,000

15 PROSPECT LANE is a large extended detached house of 162m², built sometime between 1930 and 1949. It was last sold for £640,000 in November 2020, which was around 26% above the average November 2020 detached price in the Solihull local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

15 PROSPECT LANE Sold Prices

Land registry data shows two sales for 15 PROSPECT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two 15 PROSPECT LANE sales were 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
2020 26 NOV	£640,000	£506,530	26% above HPI
2009 18 DEC	£387,500	£331,688	17% above HPI

15 PROSPECT LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 15 PROSPECT LANE sales from December 2009 and November 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 December 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 15 PROSPECT LANE?

15 PROSPECT LANE is 162m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 15 PROSPECT LANE lies on this distribution: 75% of detached houses are smaller than 15 PROSPECT LANE, and 25% of houses are larger. Note that EPC data is not available for all properties in Solihull.

15 PROSPECT LANE: Plot and Title Map

15 PROSPECT LANE sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of 15 PROSPECT 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 15 PROSPECT 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 15 PROSPECT LANE?

15 PROSPECT LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 15 on PROSPECT LANE.