5, SPRING LANE, BIRMINGHAM, B24 9BP - £145,000

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.

5 SPRING LANE is a semi-detached house, which could now be worth an estimated £252,930. It was last sold for £145,000 in December 2007, which was around 7% below the average December 2007 semi-detached price in the Birmingham local authority area.

5 SPRING LANE Sold Prices

Land registry data shows two sales for 5 SPRING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. One of the two 5 SPRING LANE sales was for below the average price, whilst the other was 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
2007 18 DEC	£145,000	£156,594	7% below HPI
1999 17 SEP	£66,250	£61,482	8% above HPI

What might 5 SPRING LANE be worth now?

5 SPRING LANE might now be worth an estimated £252,930.

This is based on house price inflation of 74.4%, between December 2007 and May 2026, for semi-detached 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 74.4% inflationary increase is applied to the most recent sale price for 5 SPRING LANE of £145,000 on 18th December 2007. For the value to have increased from £145,000 to £252,930 over the nineteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 SPRING LANE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The December 2007 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPRING LANE has not materially changed since December 2007.

Where is 5 SPRING LANE?

5 SPRING LANE is located in BIRMINGHAM, in the B24 postcode district.