THE BARN, OLD RECTORY LANE, ALVECHURCH, BIRMINGHAM, B48 7SU - £665,000

THE BARN is a very large extended detached house of 191m², built sometime between 1976 and 1982. It was last sold for £665,000 in October 2020, which was around 47% above the average October 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was A.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two THE BARN sales 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 9 OCT	£665,000	£452,940	47% above HPI
2018 3 AUG	£620,000	£428,906	45% above HPI

THE BARN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two THE BARN sales from August 2018 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2018 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the October 2020 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is THE BARN?

THE BARN is 191m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where THE BARN lies on this distribution: 81% of detached houses are smaller than THE BARN, and 17% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.563 of an acre, or 2,278m². The below map shows the location of THE BARN, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE BARN). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE BARN?

THE BARN is located on OLD RECTORY LANE in ALVECHURCH, in the B48 postcode district. The below map shows the position of THE BARN on OLD RECTORY LANE.