1 Park Lane – 123 m² sold £340k

Property data

Sale history

Date	Paid price	Annual growth	After inflation
Mar 2020	£340,000	28.4%	26.4%
Sep 2017	£180,000	na	na

Floor plan

Archived estate agent floor plan for 1, Park Lane.

View floorplan

Internal area

123 square metres (1,324 square feet) according to latest EPC inspection

Price per internal area

This property sold for £2,764 per square metre (£257 per square foot) in Mar 2020. Indexed forward to today's value, this is roughly £3,678 per square metre (£342 per square foot) .

Date	Paid price	Paid £/sqm	Today's value	Today's value £/sqm
Mar 2020	£340,000	£2,764	£452,446	£3,678
Sep 2017	£180,000	£1,463	£257,216	£2,091

Calculated using the latest EPC internal area of 123 m². Earlier sale dates may not have had the same measured area available.

Valuation

The most recent sale price indexed forward to today's value is £452,446. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Minworth are now selling for between £2,660 and £3,880 per square metre (£247 and £360 per square foot). Based on an internal area of 123 m², this implies a valuation between £327,000 and £477,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.

Bedrooms

3

Type

Semi-detached

Council tax band

B

Plot size

507 square metres (5,457 square feet) - map showing freehold boundary lines

Company ownership

Title number: MM183931
Tenure: Leasehold/other
Title address: an electricity substation Unit 1, Park Lane, Minworth, Sutton Coldfield
Owner: ESP ELECTRICITY LIMITED (Company reference number: 04718806)
Proprietor address: 1st Floor, Bluebird House, Mole Business Park, Randalls Road, Leatherhead KT22 7BA
Ownership record added to Land Registry's corporate ownership dataset 05 May 2023

Archived listings

History:

Archived sales listing for 1 Park Lane. Advertised on multiple portals. It was reduced on 27/09/2019. It last appeared Aug 2019.

Photos:

There are 23 archived estate agent listing photos (taken in August 2019) for 1 Park Lane.

View photos

Advertiser remarks:

3 bedrooms
3 bathrooms

Planning applications

Planning ref:: February 2018 2018/00130/PA
Type:: Full and householder planning application
Status:: Application approved with conditions
Address:: 1 Park Lane Sutton Coldfield Birmingham
Description:: Erection of two storey rear and single storey side/rear extensions

Planning ref:: September 2017 2017/08177/PA
Type:: Full and householder planning application
Status:: Application withdrawn before a decision was taken
Address:: 1 Park Lane Sutton New Hall Sutton Coldfield
Description:: Erection of two storey side, rear and single storey foward extensions

Planning ref:: May 2015 2015/01946/PA
Type:: Discharge of conditions imposed on an existing application
Status:: Application approved
Address:: Units 1 and 2 Park Lane Minworth Sutton Coldfield Birmingham
Description:: Application to determine the details for Condition No. 4 (Drainage) attached to approval 2014/02484/PA

Planning ref:: May 2015 2015/02718/PA
Type:: Discharge of conditions imposed on an existing application
Status:: Application approved
Address:: Unit 1 and 2 Park Lane Minworth
Description:: Application to determine the details for condition number 8 (Boundary Treatment) attached to approval 2014/02484/PA

Planning ref:: May 2015 2015/02120/PA
Type:: Discharge of conditions imposed on an existing application
Status:: Application approved
Address:: Units 1 and 2 Park Lane Minworth Sutton Coldfield Birmingham
Description:: Application to discharge the details for condition number 10 (ecological/biodiversity/enhanancement measures) attached to approval 2014/02484/PA

Planning ref:: May 2015 2015/02194/PA
Type:: Discharge of conditions imposed on an existing application
Status:: Application approved
Address:: Units 1 and 2 Park Lane Minworth Sutton Coldfield Birmingham
Description:: Application to determine the details for Condition No. 5 (site levels) attached to approval 2014/02484/PA

Planning ref:: March 2015 2015/00500/PA
Type:: Discharge of conditions imposed on an existing application
Status:: Application approved
Address:: DC1 Prologis Park Midpoint Minworth Birmingham
Description:: Application to determine the details for conditions numbers 2, 3, 4, 5, 6 and 9 attached to approval 2014/00068/PA

Planning ref:: March 2014 2014/00068/PA
Type:: Amendments or alterations arising from an existing or previous application ; this application involves multiple dwellings
Status:: Application approved with conditions
Address:: DC1 Prologis Park Midpoint Minworth Birmingham
Description:: Application for minor material amendment to planning approval 2013/00882/PA to include changes to the layout of unit DC1, increase in floorspace and associated external changes.

EPC Inspections

Summary:: 21 August 2019 - energy performance certificate grade C
Certificate:: View energy certificate on GOV.UK
Reason for EPC:: marketed sale
Tenure:: Owner-occupied
Property type:: Semi-Detached House , has 6 habitable rooms. Estimated year built 1930 to 1949
Area:: 123 sqm (1,324 square foot) total internal area
Comments:: Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, 200 mm loft insulation. Heating: Boiler and radiators, mains gas.

Summary:: 03 June 2016 - energy performance certificate grade E
Certificate:: View energy certificate on GOV.UK
Reason for EPC:: ECO assessment
Tenure:: Owner-occupied
Property type:: Semi-Detached House , has 4 habitable rooms. Estimated year built 1930 to 1949
Area:: 76 sqm (818 square foot) total internal area
Comments:: Walls: Solid brick, as built, no insulation (assumed). Roof: Pitched, 300 mm loft insulation. Heating: Boiler and radiators, mains gas.

1, Park Lane, B76 9BL