173, GRESSEL LANE, BIRMINGHAM, B33 9UD - £98,000

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.

173 GRESSEL LANE is a small terraced house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £134,321. It was last sold for £98,000 in August 2018, which was around 40% below the average August 2018 terraced price in the Birmingham local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

173 GRESSEL LANE Sold Prices

Land registry data shows one sale for 173 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 30 AUG	£98,000	£162,275	40% below HPI

What might 173 GRESSEL LANE be worth now?

173 GRESSEL LANE might now be worth an estimated £134,321.

This is based on house price inflation of 37.1%, between August 2018 and April 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 37.1% inflationary increase is applied to the most recent sale price for 173 GRESSEL LANE of £98,000 on 30th August 2018. For the value to have increased from £98,000 to £134,321 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 173 GRESSEL LANE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The August 2018 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 173 GRESSEL LANE has not materially changed since August 2018.

How Large is 173 GRESSEL LANE?

173 GRESSEL LANE is 74m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of terraced houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Birmingham, and where 173 GRESSEL LANE lies on this distribution: 24% of terraced houses are smaller than 173 GRESSEL LANE, and 73% of terraced houses are larger. Note that EPC data is not available for all properties in Birmingham.

173 GRESSEL LANE: Plot

173 GRESSEL LANE sits on a plot of roughly 0.064 of an acre, or 260m².

Where is 173 GRESSEL LANE?

173 GRESSEL LANE is located in BIRMINGHAM, in the B33 postcode district.