THORNYCROFT, NEWLANDS LANE, BIRMINGHAM, B37 7ED - £362,500

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.

THORNYCROFT is a very large extended detached house of 170m², built sometime between 1930 and 1949, which could now be worth an estimated £421,654. It was last sold for £362,500 in November 2020, which was around 28% below the average November 2020 detached price in the Solihull local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

THORNYCROFT Sold Prices

Land registry data shows three sales for THORNYCROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three THORNYCROFT sales were for below 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 24 NOV	£362,500	£501,421	28% below HPI
2000 24 JUL	£169,950	£184,925	8% below HPI
1997 26 MAR	£112,000	£128,098	13% below HPI

THORNYCROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three THORNYCROFT sales between March 1997 and November 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 July 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might THORNYCROFT be worth now?

THORNYCROFT might now be worth an estimated £421,654.

This is based on house price inflation of 16.3%, between November 2020 and February 2025, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for THORNYCROFT of £362,500 on 24th November 2020. For the value to have increased from £362,500 to £421,654 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of THORNYCROFT has moved in line with the HPI for detached houses in the Solihull local authority area.
• The November 2020 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of THORNYCROFT has not materially changed since November 2020.

How Large is THORNYCROFT?

THORNYCROFT is 170m², which includes four extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where THORNYCROFT lies on this distribution: 83% of detached houses houses are smaller than THORNYCROFT, and 17% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

THORNYCROFT: Plot and Title Map

THORNYCROFT sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of THORNYCROFT, 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 THORNYCROFT). 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 THORNYCROFT?

THORNYCROFT is located on NEWLANDS LANE in BIRMINGHAM, in the B37 postcode district. The below map shows the position of THORNYCROFT on NEWLANDS LANE.