40 Penns Lane

    40, PENNS LANE, SUTTON COLDFIELD, B72 1BD

    This terraced freehold property on Penns Lane last sold in February 2023 for £216,000. Based on price growth in the B72 district since then, its estimated current value is £284,616 — placing it in the 46th percentile nationally and the 28th percentile within B72. The property covers 62 m² (667 sq ft), giving an estimated value of £4,591 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    62 m²

    (667 sq ft)

    Last Sale Price

    £216,000

    Feb 2023

    Estimated Valuation

    £284,616

    Est. £/m²

    £4,591/m²

    £427/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area62 m² (667 sq ft)
    EPC dateOct 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Feb 2023

    £216,000

    17 Dec 1999

    £67,500

    26 Nov 1999

    £67,000

    Key Metrics

    Estimated valuation£284,616
    Value per m² / sq ft£4,591/m² (£427/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B72 district percentile28th percentile
    National percentile46th percentile

    District Context — B72

    B72 covers Sutton Coldfield and surrounding areas in north Birmingham. It is a predominantly affluent, established residential district with strong family appeal and a mature demographic profile.

    Average Property Price - B72

    £386,208

    64

    National percentile

    Average Net Household Income - B72

    £46,188

    79

    National percentile

    10-Year Annualised Price Growth - B72

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B72

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