245, GRESSEL LANE, BIRMINGHAM, B33 9UL - £135,000

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.

245 GRESSEL LANE is a small terraced house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £207,749. It was last sold for £135,000 in July 2016, which was around 7% below the average July 2016 terraced price in the Birmingham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

245 GRESSEL LANE Sold Prices

Land registry data shows one sale for 245 GRESSEL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2016 15 JUL	£135,000	£144,532	7% below HPI

What might 245 GRESSEL LANE be worth now?

245 GRESSEL LANE might now be worth an estimated £207,749.

This is based on house price inflation of 53.9%, between July 2016 and April 2026, for terraced 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 53.9% inflationary increase is applied to the most recent sale price for 245 GRESSEL LANE of £135,000 on 15th July 2016. For the value to have increased from £135,000 to £207,749 over the ten years and three months to April 2026, the following assumptions must hold true:

• The value of 245 GRESSEL LANE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The July 2016 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 245 GRESSEL LANE has not materially changed since July 2016.

How Large is 245 GRESSEL LANE?

245 GRESSEL LANE is 75m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of terraced houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Birmingham, and where 245 GRESSEL LANE lies on this distribution: 27% of terraced houses are smaller than 245 GRESSEL LANE, and 71% of terraced houses are larger. Note that EPC data is not available for all properties in Birmingham.

245 GRESSEL LANE: Plot

245 GRESSEL LANE sits on a plot of roughly 0.144 of an acre, or 583m².

Where is 245 GRESSEL LANE?

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