62, GORSEY LANE, WYTHALL, BIRMINGHAM, B47 6ED - £508,750

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.

62 GORSEY LANE is a very small extended detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £510,330. It was last sold for £508,750 in November 2023, which was around 2% below the average November 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

62 GORSEY LANE Sold Prices

Land registry data shows two sales for 62 GORSEY 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 Bromsgrove local authority area for the corresponding sale date. One of the two 62 GORSEY 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
2023 7 NOV	£508,750	£520,196	2% below HPI
1998 21 MAY	£143,500	£131,895	9% above HPI

62 GORSEY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 62 GORSEY LANE sales from May 1998 and November 2023 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 1998 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2023 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 62 GORSEY LANE be worth now?

62 GORSEY LANE might now be worth an estimated £510,330.

This is based on house price inflation of 0.3%, between November 2023 and April 2026, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% inflationary increase is applied to the most recent sale price for 62 GORSEY LANE of £508,750 on 7th November 2023. For the value to have increased from £508,750 to £510,330 over the three years and seven months to April 2026, the following assumptions must hold true:

• The value of 62 GORSEY LANE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2023 sale price of £508,750 represented a fair market value for the property.
• The size, condition, and specification of 62 GORSEY LANE has not materially changed since November 2023.

How Large is 62 GORSEY LANE?

62 GORSEY LANE is 90m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses houses in Wythall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wythall, and where 62 GORSEY LANE lies on this distribution: 16% of detached houses houses are smaller than 62 GORSEY LANE, and 84% of houses are larger. Note that EPC data is not available for all properties in Wythall.

62 GORSEY LANE: Plot and Title Map

62 GORSEY LANE sits on a plot of roughly 0.180 of an acre, or 727m². The below map shows the location of 62 GORSEY 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 62 GORSEY 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 62 GORSEY LANE?

62 GORSEY LANE is located in WYTHALL, in the B47 postcode district. The below map shows the position of No. 62 on GORSEY LANE.