42, COMMON LANE, SHELDON, BIRMINGHAM, B26 3BP - £152,000

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.

42 COMMON LANE is a large extended terraced house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £192,493. It was last sold for £152,000 in October 2020, which was around 12% below the average October 2020 terraced price in the Birmingham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

42 COMMON LANE Sold Prices

Land registry data shows four sales for 42 COMMON LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. two of the four 42 COMMON LANE sales were for below the average price, and four 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
2020 16 OCT	£152,000	£173,508	12% below HPI
2020 1 OCT	£152,000	£173,508	12% below HPI
2019 14 NOV	£170,000	£167,083	2% above HPI
2019 14 NOV	£170,000	£167,083	2% above HPI

What might 42 COMMON LANE be worth now?

42 COMMON LANE might now be worth an estimated £192,493.

This is based on house price inflation of 26.6%, between October 2020 and May 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 26.6% inflationary increase is applied to the most recent sale price for 42 COMMON LANE of £152,000 on 16th October 2020. For the value to have increased from £152,000 to £192,493 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 42 COMMON LANE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The October 2020 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 42 COMMON LANE has not materially changed since October 2020.

How Large is 42 COMMON LANE?

42 COMMON LANE is 95m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the largest 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 42 COMMON LANE lies on this distribution: 72% of terraced houses are smaller than 42 COMMON LANE, and 27% of terraced houses are larger. Note that EPC data is not available for all properties in Birmingham.

42 COMMON LANE: Plot

42 COMMON LANE sits on a plot of roughly 0.105 of an acre, or 423m².

Where is 42 COMMON LANE?

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