241, GRESSEL LANE, BIRMINGHAM, B33 9UL - £263,000

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.

241 GRESSEL LANE is a small semi-detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £285,280. It was last sold for £263,000 in June 2022, which was around 3% above the average June 2022 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

241 GRESSEL LANE Sold Prices

Land registry data shows one sale for 241 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2022 29 JUN	£263,000	£254,853	3% above HPI

What might 241 GRESSEL LANE be worth now?

241 GRESSEL LANE might now be worth an estimated £285,280.

This is based on house price inflation of 8.5%, between June 2022 and April 2026, for semi-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 8.5% inflationary increase is applied to the most recent sale price for 241 GRESSEL LANE of £263,000 on 29th June 2022. For the value to have increased from £263,000 to £285,280 over the four years and two months to April 2026, the following assumptions must hold true:

• The value of 241 GRESSEL LANE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The June 2022 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of 241 GRESSEL LANE has not materially changed since June 2022.

How Large is 241 GRESSEL LANE?

241 GRESSEL LANE is 79m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of semi-detached houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Birmingham, and where 241 GRESSEL LANE lies on this distribution: 35% of semi-detached houses are smaller than 241 GRESSEL LANE, and 63% of semi-detached houses are larger. Note that EPC data is not available for all properties in Birmingham.

241 GRESSEL LANE: Plot

241 GRESSEL LANE sits on a plot of roughly 0.059 of an acre, or 239m².

Where is 241 GRESSEL LANE?

241 GRESSEL LANE is located in BIRMINGHAM, in the B33 postcode district.