3, MAY LANE, HOLLYWOOD, BIRMINGHAM, B47 5NX - £249,950

3 MAY LANE is a very small extended detached house of 71m², built sometime between 1950 and 1966. It was last sold for £249,950 in February 2015, which was around 26% below the average February 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

3 MAY LANE Sold Prices

Land registry data shows four sales for 3 MAY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the four 3 MAY 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
2015 13 FEB	£249,950	£335,733	26% below HPI
2012 14 DEC	£199,950	£308,603	35% below HPI
2001 30 JAN	£117,000	£164,345	29% below HPI
2000 28 FEB	£90,000	£154,068	42% below HPI

3 MAY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 3 MAY LANE sales between February 2000 and February 2015 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 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 MAY LANE?

3 MAY LANE is 71m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 3 MAY LANE lies on this distribution: 7% of detached houses are smaller than 3 MAY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

3 MAY LANE: Plot and Title Map

3 MAY LANE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 3 MAY 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 3 MAY 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 3 MAY LANE?

3 MAY LANE is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 3 on MAY LANE.