62, SCHOOL LANE, SOLIHULL, B91 2QL - £250,000

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.

62 SCHOOL LANE is a very small extended semi-detached house of 75m², built sometime between 1930 and 1949, which could now be worth an estimated £416,066. It was last sold for £250,000 in July 2014, which was around 21% above the average July 2014 semi-detached price in the Solihull local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

62 SCHOOL LANE Sold Prices

Land registry data shows three sales for 62 SCHOOL 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 Solihull local authority area for the corresponding sale date. All of the three 62 SCHOOL 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
2014 25 JUL	£250,000	£207,264	21% above HPI
2001 29 AUG	£129,950	£108,532	20% above HPI
1998 23 OCT	£98,500	£80,126	23% above HPI

62 SCHOOL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Solihull local authority area over time, sourced from the HPI. The three 62 SCHOOL LANE sales between October 1998 and July 2014 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 August 2001 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2014 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 62 SCHOOL LANE be worth now?

62 SCHOOL LANE might now be worth an estimated £416,066.

This is based on house price inflation of 66.4%, between July 2014 and April 2026, for semi-detached 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 66.4% inflationary increase is applied to the most recent sale price for 62 SCHOOL LANE of £250,000 on 25th July 2014. For the value to have increased from £250,000 to £416,066 over the twelve years and three months to April 2026, the following assumptions must hold true:

• The value of 62 SCHOOL LANE has moved in line with the HPI for semi-detached houses in the Solihull local authority area.
• The July 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 62 SCHOOL LANE has not materially changed since July 2014.

How Large is 62 SCHOOL LANE?

62 SCHOOL LANE is 75m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of semi-detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Solihull, and where 62 SCHOOL LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 62 SCHOOL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Solihull.

62 SCHOOL LANE: Plot and Title Map

62 SCHOOL LANE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 62 SCHOOL 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 SCHOOL 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 SCHOOL LANE?

62 SCHOOL LANE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 62 on SCHOOL LANE.