38, SPRING LANE, HOCKLEY HEATH, SOLIHULL, B94 6QY - £450,000

38 SPRING LANE is a large extended detached house of 177m², built sometime between 1930 and 1949. It was last sold for £450,000 in June 2004, which was around 48% above the average June 2004 detached price in the Solihull local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

38 SPRING LANE Sold Prices

Land registry data shows two sales for 38 SPRING 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 38 SPRING 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
2004 30 JUN	£450,000	£304,152	48% above HPI
1999 24 SEP	£175,000	£169,447	3% above HPI

38 SPRING 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 38 SPRING LANE sales from September 1999 and June 2004 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 September 1999 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2004 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 38 SPRING LANE?

38 SPRING LANE is 177m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 30% of detached houses in Hockley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Hockley Heath, and where 38 SPRING LANE lies on this distribution: 75% of detached houses are smaller than 38 SPRING LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hockley Heath.

38 SPRING LANE: Plot and Title Map

38 SPRING LANE sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 38 SPRING 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 38 SPRING 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 38 SPRING LANE?

38 SPRING LANE is located in HOCKLEY HEATH, in the B94 postcode district. The below map shows the position of No. 38 on SPRING LANE.