57, SPRING LANE, BIRMINGHAM, B24 9BT - £79,950

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.

57 SPRING LANE is a very small semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £274,262. It was last sold for £79,950 in February 2002, which was about the average February 2002 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

57 SPRING LANE Sold Prices

Land registry data shows three sales for 57 SPRING LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. The three 57 SPRING LANE sales were a mix of roughly equal to 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
2002 22 FEB	£79,950	£79,627	Close to HPI
2001 12 JUL	£69,000	£76,432	10% below HPI
1995 25 SEP	£38,000	£50,103	24% below HPI

57 SPRING LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 57 SPRING LANE sales between September 1995 and February 2002 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 July 2001 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2002 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 57 SPRING LANE be worth now?

57 SPRING LANE might now be worth an estimated £274,262.

This is based on house price inflation of 243%, between February 2002 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 243% inflationary increase is applied to the most recent sale price for 57 SPRING LANE of £79,950 on 22nd February 2002. For the value to have increased from £79,950 to £274,262 over the 23 years and nine months to May 2026, the following assumptions must hold true:

• The value of 57 SPRING LANE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The February 2002 sale price of £79,950 represented a fair market value for the property.
• The size, condition, and specification of 57 SPRING LANE has not materially changed since February 2002.

How Large is 57 SPRING LANE?

57 SPRING LANE is 86m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 57 SPRING LANE lies on this distribution: 17% of semi-detached houses houses are smaller than 57 SPRING LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

57 SPRING LANE: Plot and Title Map

57 SPRING LANE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 57 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 57 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 57 SPRING LANE?

57 SPRING LANE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 57 on SPRING LANE.