401, GRAVELLY LANE, BIRMINGHAM, B23 5TA - £173,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

401 GRAVELLY LANE is a very small terraced house of 89m², built sometime before 1900, which could now be worth an estimated £309,293. It was last sold for £173,000 in July 2010, which was around 43% above the average July 2010 terraced price in the Birmingham local authority area. The most recent EPC inspection was January 2010, where the current energy rating was F, and the potential energy rating was E.

401 GRAVELLY LANE Sold Prices

Land registry data shows four sales for 401 GRAVELLY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the four 401 GRAVELLY 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
2010 23 JUL	£173,000	£120,897	43% above HPI
2007 5 APR	£147,000	£129,218	14% above HPI
2002 26 JUL	£104,000	£70,650	47% above HPI
1996 30 AUG	£55,000	£40,077	37% above HPI

401 GRAVELLY LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The four 401 GRAVELLY LANE sales between August 1996 and July 2010 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 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2010 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 401 GRAVELLY LANE be worth now?

401 GRAVELLY LANE might now be worth an estimated £309,293.

This is based on house price inflation of 78.8%, between July 2010 and July 2025, for terraced houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.8% inflationary increase is applied to the most recent sale price for 401 GRAVELLY LANE of £173,000 on 23rd July 2010. For the value to have increased from £173,000 to £309,293 over the fifteen years to July 2025, the following assumptions must hold true:

• The value of 401 GRAVELLY LANE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The July 2010 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 401 GRAVELLY LANE has not materially changed since July 2010.

How Large is 401 GRAVELLY LANE?

401 GRAVELLY LANE is 89m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of terraced houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royal Sutton Coldfield, and where 401 GRAVELLY LANE lies on this distribution: 12% of terraced houses houses are smaller than 401 GRAVELLY LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

401 GRAVELLY LANE: Plot and Title Map

401 GRAVELLY LANE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 401 GRAVELLY 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 401 GRAVELLY 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 401 GRAVELLY LANE?

401 GRAVELLY LANE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 401 on GRAVELLY LANE.