121, REA VALLEY DRIVE, BIRMINGHAM, B31 3XN - £225,000

121 REA VALLEY DRIVE is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £225,000 in August 2007, which was around 16% below the average August 2007 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

121 REA VALLEY DRIVE Sold Prices

Land registry data shows two sales for 121 REA VALLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 121 REA VALLEY DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 1 AUG	£225,000	£267,351	16% below HPI
1997 18 APR	£82,000	£94,795	13% below HPI

121 REA VALLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 121 REA VALLEY DRIVE sales from April 1997 and August 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2007 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 121 REA VALLEY DRIVE?

121 REA VALLEY DRIVE is 113m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 121 REA VALLEY DRIVE lies on this distribution: 47% of detached houses are smaller than 121 REA VALLEY DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

121 REA VALLEY DRIVE: Plot and Title Map

121 REA VALLEY DRIVE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 121 REA VALLEY DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 121 REA VALLEY DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 121 REA VALLEY DRIVE?

121 REA VALLEY DRIVE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 121 on REA VALLEY DRIVE.