341 Groveley Lane

    341, GROVELEY LANE, BIRMINGHAM, B31 4PS

    This detached freehold property on Groveley Lane last sold in February 2021 for £382,500. Based on price growth in the B31 district since then, its estimated current value is £433,909 — placing it in the 72nd percentile nationally and the 94th percentile within B31. The property covers 126 m² (1,356 sq ft), giving an estimated value of £3,444 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    126 m²

    (1,356 sq ft)

    Last Sale Price

    £382,500

    Feb 2021

    Estimated Valuation

    £433,909

    Est. £/m²

    £3,444/m²

    £320/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2019
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area126 m² (1,356 sq ft)
    EPC dateNov 2019
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Feb 2021

    New build

    £382,500

    Key Metrics

    Estimated valuation£433,909
    Value per m² / sq ft£3,444/m² (£320/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile94th percentile
    National percentile72nd percentile

    District Context — B31

    B31 covers neighbourhoods in south Birmingham, forming part of the wider south-west urban area. The district has a notably young population profile and a significant proportion of social housing, reflecting its character as an established residential community.

    Average Property Price - B31

    £249,023

    27

    National percentile

    Average Net Household Income - B31

    £36,597

    41

    National percentile

    10-Year Annualised Price Growth - B31

    4.7%

    85

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B31

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