40, OLD BROMFORD LANE, BIRMINGHAM, B8 2RP - £171,000

40 OLD BROMFORD LANE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £171,000 in January 2020, which was around 52% below the average January 2020 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.

40 OLD BROMFORD LANE Sold Prices

Land registry data shows two sales for 40 OLD BROMFORD 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 Birmingham local authority area for the corresponding sale date. Both of the two 40 OLD BROMFORD 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
2020 24 JAN	£171,000	£357,523	52% below HPI
2014 9 MAY	£105,000	£259,544	60% below HPI

40 OLD BROMFORD 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 two 40 OLD BROMFORD LANE sales from May 2014 and January 2020 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 May 2014 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the January 2020 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 40 OLD BROMFORD LANE?

40 OLD BROMFORD LANE is 74m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 40 OLD BROMFORD LANE lies on this distribution: 7% of detached houses are smaller than 40 OLD BROMFORD LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

40 OLD BROMFORD LANE: Plot and Title Map

40 OLD BROMFORD LANE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 40 OLD BROMFORD 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 40 OLD BROMFORD 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 40 OLD BROMFORD LANE?

40 OLD BROMFORD LANE is located in BIRMINGHAM, in the B8 postcode district. The below map shows the position of No. 40 on OLD BROMFORD LANE.