11, CHERRY LANE, SUTTON COLDFIELD, B73 5TW - £298,000

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.

11 CHERRY LANE is a very small detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £378,319. It was last sold for £298,000 in July 2019, which was around 14% below the average July 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

11 CHERRY LANE Sold Prices

Land registry data shows one sale for 11 CHERRY LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Birmingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 JUL	£298,000	£345,595	14% below HPI

What might 11 CHERRY LANE be worth now?

11 CHERRY LANE might now be worth an estimated £378,319.

This is based on house price inflation of 27%, between July 2019 and May 2026, for 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 27% inflationary increase is applied to the most recent sale price for 11 CHERRY LANE of £298,000 on 24th July 2019. For the value to have increased from £298,000 to £378,319 over the seven years and two months to May 2026, the following assumptions must hold true:

• The value of 11 CHERRY LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The July 2019 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CHERRY LANE has not materially changed since July 2019.

How Large is 11 CHERRY LANE?

11 CHERRY LANE is 96m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 11 CHERRY LANE lies on this distribution: 16% of detached houses are smaller than 11 CHERRY LANE, and 83% of detached houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

11 CHERRY LANE: Plot

11 CHERRY LANE sits on a plot of roughly 0.069 of an acre, or 280m².

Where is 11 CHERRY LANE?

11 CHERRY LANE is located in SUTTON COLDFIELD, in the B73 postcode district.