46A, GORSEY LANE, WYTHALL, BIRMINGHAM, B47 6ED - £310,000

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.

46A GORSEY LANE is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £474,010. It was last sold for £310,000 in May 2015, which was around 8% below the average May 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

46A GORSEY LANE Sold Prices

Land registry data shows one sale for 46A GORSEY 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 Bromsgrove 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
2015 7 MAY	£310,000	£337,594	8% below HPI

What might 46A GORSEY LANE be worth now?

46A GORSEY LANE might now be worth an estimated £474,010.

This is based on house price inflation of 52.9%, between May 2015 and May 2026, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 52.9% inflationary increase is applied to the most recent sale price for 46A GORSEY LANE of £310,000 on 7th May 2015. For the value to have increased from £310,000 to £474,010 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 46A GORSEY LANE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2015 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 46A GORSEY LANE has not materially changed since May 2015.

How Large is 46A GORSEY LANE?

46A GORSEY LANE is 72m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Wythall, based on EPC data. The below chart shows the distribution of detached houses by size in Wythall, and where 46A GORSEY LANE lies on this distribution: 1% of detached houses are smaller than 46A GORSEY LANE, and 99% of detached houses are larger. Note that EPC data is not available for all properties in Wythall.

46A GORSEY LANE: Plot

46A GORSEY LANE sits on a plot of roughly 0.190 of an acre, or 770m².

Where is 46A GORSEY LANE?

46A GORSEY LANE is located in WYTHALL, in the B47 postcode district.