7, CHERRY LANE, SUTTON COLDFIELD, B73 5TW - £320,000

7 CHERRY LANE is a small extended detached house of 117m², built sometime between 1996 and 2002. It was last sold for £320,000 in May 2017, which was around 1% above the average May 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

7 CHERRY LANE Sold Prices

Land registry data shows four sales for 7 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Most of the four 7 CHERRY 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
2017 26 MAY	£320,000	£315,482	1% above HPI
2013 15 FEB	£249,950	£248,113	1% above HPI
2002 8 AUG	£168,000	£173,829	3% below HPI
1997 29 AUG	£117,000	£99,029	18% above HPI

7 CHERRY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 7 CHERRY LANE sales between August 1997 and May 2017 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 February 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2017 sale, which was also at 1% above the HPI.

How Large is 7 CHERRY LANE?

7 CHERRY LANE is 117m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 40% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 7 CHERRY LANE lies on this distribution: 40% of detached houses are smaller than 7 CHERRY LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

7 CHERRY LANE: Plot and Title Map

7 CHERRY LANE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 7 CHERRY 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 7 CHERRY 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 7 CHERRY LANE?

7 CHERRY LANE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 7 on CHERRY LANE.