232, GRESSEL LANE, BIRMINGHAM, B33 9UE - £230,000

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.

232 GRESSEL LANE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £230,695. It was last sold for £230,000 in October 2023, which was around 47% below the average October 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

232 GRESSEL LANE Sold Prices

Land registry data shows two sales for 232 GRESSEL 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 Birmingham local authority area for the corresponding sale date. Both of the two 232 GRESSEL 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 13 OCT	£230,000	£432,649	47% below HPI
2006 5 JUL	£150,000	£245,804	39% below HPI

232 GRESSEL 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 two 232 GRESSEL LANE sales from July 2006 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 2006 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 232 GRESSEL LANE be worth now?

232 GRESSEL LANE might now be worth an estimated £230,695.

This is based on house price inflation of 0.3%, between October 2023 and February 2025, for detached 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 0.3% inflationary increase is applied to the most recent sale price for 232 GRESSEL LANE of £230,000 on 13th October 2023. For the value to have increased from £230,000 to £230,695 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 232 GRESSEL LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The October 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 232 GRESSEL LANE has not materially changed since October 2023.

How Large is 232 GRESSEL LANE?

232 GRESSEL LANE is 77m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 232 GRESSEL LANE lies on this distribution: 9% of detached houses houses are smaller than 232 GRESSEL LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

232 GRESSEL LANE: Plot and Title Map

232 GRESSEL LANE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 232 GRESSEL 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 232 GRESSEL 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 232 GRESSEL LANE?

232 GRESSEL LANE is located in BIRMINGHAM, in the B33 postcode district. The below map shows the position of No. 232 on GRESSEL LANE.