51, FOREDROVE LANE, SOLIHULL, B92 9NY - £205,000

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.

51 FOREDROVE LANE is a very small terraced house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £264,051. It was last sold for £205,000 in October 2019, which was about the average October 2019 terraced price in the Solihull local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

51 FOREDROVE LANE Sold Prices

Land registry data shows four sales for 51 FOREDROVE 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 Solihull local authority area for the corresponding sale date. The four 51 FOREDROVE LANE sales were a mix of roughly equal to the average price, above the average price, and 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
2019 25 OCT	£205,000	£205,933	Close to HPI
2015 15 MAY	£161,500	£166,500	3% below HPI
2012 9 MAR	£140,000	£141,258	1% below HPI
1998 17 APR	£56,000	£55,032	2% above HPI

51 FOREDROVE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Solihull local authority area over time, sourced from the HPI. The four 51 FOREDROVE LANE sales between April 1998 and October 2019 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 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 51 FOREDROVE LANE be worth now?

51 FOREDROVE LANE might now be worth an estimated £264,051.

This is based on house price inflation of 28.8%, between October 2019 and October 2025, for terraced houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.8% inflationary increase is applied to the most recent sale price for 51 FOREDROVE LANE of £205,000 on 25th October 2019. For the value to have increased from £205,000 to £264,051 over the six years to October 2025, the following assumptions must hold true:

• The value of 51 FOREDROVE LANE has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The October 2019 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 51 FOREDROVE LANE has not materially changed since October 2019.

How Large is 51 FOREDROVE LANE?

51 FOREDROVE LANE is 84m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 10% of terraced houses houses in Solihull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Solihull, and where 51 FOREDROVE LANE lies on this distribution: 9% of terraced houses houses are smaller than 51 FOREDROVE LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Solihull.

51 FOREDROVE LANE: Plot and Title Map

51 FOREDROVE LANE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 51 FOREDROVE 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 51 FOREDROVE 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 51 FOREDROVE LANE?

51 FOREDROVE LANE is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 51 on FOREDROVE LANE.