15, HAZEL ROAD, RUBERY, BIRMINGHAM, B45 9DT - £227,500

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.

15 HAZEL ROAD is a very small extended semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £291,516. It was last sold for £227,500 in May 2018, which was around 10% below the average May 2018 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

15 HAZEL ROAD Sold Prices

Land registry data shows two sales for 15 HAZEL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 15 HAZEL ROAD 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
2018 22 MAY	£227,500	£251,654	10% below HPI
2011 12 MAY	£172,000	£176,427	3% below HPI

15 HAZEL ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 15 HAZEL ROAD sales from May 2011 and May 2018 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 May 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2018 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 HAZEL ROAD be worth now?

15 HAZEL ROAD might now be worth an estimated £291,516.

This is based on house price inflation of 28.1%, between May 2018 and May 2026, for semi-detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.1% inflationary increase is applied to the most recent sale price for 15 HAZEL ROAD of £227,500 on 22nd May 2018. For the value to have increased from £227,500 to £291,516 over the eight years to May 2026, the following assumptions must hold true:

• The value of 15 HAZEL ROAD has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The May 2018 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HAZEL ROAD has not materially changed since May 2018.

How Large is 15 HAZEL ROAD?

15 HAZEL ROAD is 83m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 15 HAZEL ROAD lies on this distribution: 14% of semi-detached houses houses are smaller than 15 HAZEL ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 HAZEL ROAD: Plot and Title Map

15 HAZEL ROAD sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 15 HAZEL ROAD, 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 15 HAZEL ROAD). 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 15 HAZEL ROAD?

15 HAZEL ROAD is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 15 on HAZEL ROAD.