122, THE ROUNDABOUT, BIRMINGHAM, B31 2TX - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

122 THE ROUNDABOUT is a very small terraced house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £192,767. It was last sold for £135,000 in November 2017, which was around 13% below the average November 2017 terraced price in the Birmingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

122 THE ROUNDABOUT Sold Prices

Land registry data shows two sales for 122 THE ROUNDABOUT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. Both of the two 122 THE ROUNDABOUT 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
2017 24 NOV	£135,000	£155,405	13% below HPI
2016 17 JUN	£106,000	£142,860	26% below HPI

122 THE ROUNDABOUT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The two 122 THE ROUNDABOUT sales from June 2016 and November 2017 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 June 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2017 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 122 THE ROUNDABOUT be worth now?

122 THE ROUNDABOUT might now be worth an estimated £192,767.

This is based on house price inflation of 42.8%, between November 2017 and July 2026, for terraced houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.8% inflationary increase is applied to the most recent sale price for 122 THE ROUNDABOUT of £135,000 on 24th November 2017. For the value to have increased from £135,000 to £192,767 over the nine years and four months to July 2026, the following assumptions must hold true:

• The value of 122 THE ROUNDABOUT has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The November 2017 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 122 THE ROUNDABOUT has not materially changed since November 2017.

How Large is 122 THE ROUNDABOUT?

122 THE ROUNDABOUT is 79m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 20% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 122 THE ROUNDABOUT lies on this distribution: 11% of terraced houses houses are smaller than 122 THE ROUNDABOUT, and 89% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

122 THE ROUNDABOUT: Plot and Title Map

122 THE ROUNDABOUT sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 122 THE ROUNDABOUT, 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 122 THE ROUNDABOUT). 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 122 THE ROUNDABOUT?

122 THE ROUNDABOUT is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 122 on THE ROUNDABOUT.