156, COMMON LANE, SHELDON, BIRMINGHAM, B26 3DN - £217,000

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.

156 COMMON LANE is a very small extended detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £276,773. It was last sold for £217,000 in September 2019, which was around 38% below the average September 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was G, and the potential energy rating was B.

156 COMMON LANE Sold Prices

Land registry data shows one sale for 156 COMMON 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 20 SEP	£217,000	£350,264	38% below HPI

What might 156 COMMON LANE be worth now?

156 COMMON LANE might now be worth an estimated £276,773.

This is based on house price inflation of 27.5%, between September 2019 and April 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 27.5% inflationary increase is applied to the most recent sale price for 156 COMMON LANE of £217,000 on 20th September 2019. For the value to have increased from £217,000 to £276,773 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 156 COMMON LANE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The September 2019 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 156 COMMON LANE has not materially changed since September 2019.

How Large is 156 COMMON LANE?

156 COMMON LANE is 79m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 156 COMMON LANE lies on this distribution: 11% of detached houses are smaller than 156 COMMON LANE, and 88% of detached houses are larger. Note that EPC data is not available for all properties in Birmingham.

156 COMMON LANE: Plot

156 COMMON LANE sits on a plot of roughly 0.065 of an acre, or 264m².

Where is 156 COMMON LANE?

156 COMMON LANE is located in SHELDON, in the B26 postcode district.