15, SPICELAND ROAD, BIRMINGHAM, B31 1NL - £295,000

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.

15 SPICELAND ROAD is a midsized extended terraced house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £335,651. It was last sold for £295,000 in September 2021, which was around 55% above the average September 2021 terraced price in the Birmingham local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was C.

15 SPICELAND ROAD Sold Prices

Land registry data shows two sales for 15 SPICELAND ROAD 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 15 SPICELAND ROAD sales were for above 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
2021 16 SEP	£295,000	£189,965	55% above HPI
1998 24 APR	£70,000	£43,018	63% above HPI

15 SPICELAND ROAD 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 15 SPICELAND ROAD sales from April 1998 and September 2021 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 1998 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2021 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 15 SPICELAND ROAD be worth now?

15 SPICELAND ROAD might now be worth an estimated £335,651.

This is based on house price inflation of 13.8%, between September 2021 and July 2025, 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 13.8% inflationary increase is applied to the most recent sale price for 15 SPICELAND ROAD of £295,000 on 16th September 2021. For the value to have increased from £295,000 to £335,651 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 15 SPICELAND ROAD has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The September 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPICELAND ROAD has not materially changed since September 2021.

How Large is 15 SPICELAND ROAD?

15 SPICELAND ROAD is 115m², which includes three extensions, according to the EPC inspection conducted in February 2021. This puts it in the largest 50% 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 15 SPICELAND ROAD lies on this distribution: 49% of terraced houses houses are smaller than 15 SPICELAND ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 SPICELAND ROAD: Plot and Title Map

15 SPICELAND ROAD sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 15 SPICELAND 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 SPICELAND 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 SPICELAND ROAD?

15 SPICELAND ROAD is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 15 on SPICELAND ROAD.