309, PENNS LANE, SUTTON COLDFIELD, B76 1NE - £334,000

309 PENNS LANE is a very small detached house of 95m², built sometime between 1967 and 1975. It was last sold for £334,000 in October 2018, which was around 5% below the average October 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

309 PENNS LANE Sold Prices

Land registry data shows four sales for 309 PENNS 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 Birmingham local authority area for the corresponding sale date. All of the four 309 PENNS 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
2018 5 OCT	£334,000	£352,800	5% below HPI
2016 11 MAR	£250,000	£294,400	15% below HPI
2012 14 DEC	£229,950	£246,987	7% below HPI
2002 9 AUG	£145,950	£173,829	16% below HPI

309 PENNS 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 four 309 PENNS LANE sales between August 2002 and October 2018 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 March 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2018 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 309 PENNS LANE?

309 PENNS LANE is 95m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 309 PENNS LANE lies on this distribution: 16% of detached houses are smaller than 309 PENNS LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

309 PENNS LANE: Plot and Title Map

309 PENNS LANE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 309 PENNS 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 309 PENNS 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 309 PENNS LANE?

309 PENNS LANE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 309 on PENNS LANE.