Cedarwood Penn Lane

    CEDARWOOD, PENN LANE, TANWORTH IN ARDEN, SOLIHULL, B94 5HH

    This detached freehold property on Penn Lane last sold in January 2025 for £1,450,000. Based on price growth in the B94 district since then, its estimated current value is £1,450,000 — placing it in the 98th percentile nationally and the 95th percentile within B94. The property covers 296 m² (3,186 sq ft), giving an estimated value of £4,899 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    296 m²

    (3,186 sq ft)

    Last Sale Price

    £1,450,000

    Jan 2025

    Estimated Valuation

    £1,450,000

    Est. £/m²

    £4,899/m²

    £455/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area296 m² (3,186 sq ft)
    EPC dateJul 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Boiler and underfloor heating, mains gas

    Transaction History

    16 Jan 2025

    £1,450,000

    25 Aug 2011

    £590,000

    Key Metrics

    Estimated valuation£1,450,000
    Value per m² / sq ft£4,899/m² (£455/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B94 district percentile95th percentile
    National percentile98th percentile

    District Context — B94

    B94 covers Bromsgrove and surrounding areas in Worcestershire, south of Birmingham. It is a commuter-belt district with a mix of suburban residential neighbourhoods and semi-rural character, popular with families and established homeowners.

    Average Property Price - B94

    £597,314

    89

    National percentile

    Average Net Household Income - B94

    £49,566

    88

    National percentile

    10-Year Annualised Price Growth - B94

    1.3%

    4

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B94

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