27, PROSPECT LANE, SOLIHULL, B91 1HN - £747,500

27 PROSPECT LANE is a small extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £747,500 in April 2021, which was around 41% above the average April 2021 detached price in the Solihull local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

27 PROSPECT LANE Sold Prices

Land registry data shows two sales for 27 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 27 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
2021 1 APR	£747,500	£529,816	41% above HPI
2002 25 APR	£320,000	£223,798	43% above HPI

27 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 27 PROSPECT LANE sales from April 2002 and April 2021 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 April 2002 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the April 2021 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 27 PROSPECT LANE?

27 PROSPECT LANE is 109m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 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 27 PROSPECT LANE lies on this distribution: 29% of detached houses are smaller than 27 PROSPECT LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Solihull.

27 PROSPECT LANE: Plot and Title Map

27 PROSPECT LANE sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of 27 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 27 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 27 PROSPECT LANE?

27 PROSPECT LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 27 on PROSPECT LANE.