239, GRESSEL LANE, BIRMINGHAM, B33 9UL - £250,000

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.

239 GRESSEL LANE is a very small semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £262,439. It was last sold for £250,000 in March 2023, which was around 5% below the average March 2023 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

239 GRESSEL LANE Sold Prices

Land registry data shows three sales for 239 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. All of the three 239 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 28 MAR	£250,000	£263,340	5% below HPI
2022 2 DEC	£260,000	£270,647	4% below HPI
1997 8 AUG	£47,000	£54,141	13% below HPI

239 GRESSEL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 239 GRESSEL LANE sales between August 1997 and March 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 December 2022 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 239 GRESSEL LANE be worth now?

239 GRESSEL LANE might now be worth an estimated £262,439.

This is based on house price inflation of 5%, between March 2023 and April 2026, for semi-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 5% inflationary increase is applied to the most recent sale price for 239 GRESSEL LANE of £250,000 on 28th March 2023. For the value to have increased from £250,000 to £262,439 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of 239 GRESSEL LANE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The March 2023 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 239 GRESSEL LANE has not materially changed since March 2023.

How Large is 239 GRESSEL LANE?

239 GRESSEL LANE is 84m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 239 GRESSEL LANE lies on this distribution: 15% of semi-detached houses houses are smaller than 239 GRESSEL LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

239 GRESSEL LANE: Plot and Title Map

239 GRESSEL LANE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 239 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 239 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 239 GRESSEL LANE?

239 GRESSEL LANE is located in BIRMINGHAM, in the B33 postcode district. The below map shows the position of No. 239 on GRESSEL LANE.