1 Grimpits Lane

    1, GRIMPITS LANE, BIRMINGHAM, B38 9EY

    This detached freehold property on Grimpits Lane last sold in November 2023 for £750,000. Based on price growth in the B38 district since then, its estimated current value is £657,638 — placing it in the 89th percentile nationally and the 97th percentile within B38. The property covers 131 m² (1,410 sq ft), giving an estimated value of £5,020 per m². The EPC rating is E, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    131 m²

    (1,410 sq ft)

    Last Sale Price

    £750,000

    Nov 2023

    Estimated Valuation

    £657,638

    Est. £/m²

    £5,020/m²

    £466/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialD
    Floor area131 m² (1,410 sq ft)
    EPC dateAug 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, LPG

    Transaction History

    17 Nov 2023

    £750,000

    Key Metrics

    Estimated valuation£657,638
    Value per m² / sq ft£5,020/m² (£466/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B38 district percentile97th percentile
    National percentile89th percentile

    District Context — B38

    B38 covers parts of south Birmingham, including areas around Bromsgrove Road and extending towards the outer suburbs. It is a mixed residential district with a blend of family homes and rental properties, reflecting diverse community needs.

    Average Property Price - B38

    £265,797

    32

    National percentile

    Average Net Household Income - B38

    £36,893

    43

    National percentile

    10-Year Annualised Price Growth - B38

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B38

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