2, ELM TREE ROAD, STIRCHLEY, BIRMINGHAM, B30 2BN - £185,000

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.

2 ELM TREE ROAD is a very small extended terraced house of 64m², built sometime before 1900, which could now be worth an estimated £243,294. It was last sold for £185,000 in November 2019, which was around 11% above the average November 2019 terraced price in the Birmingham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

2 ELM TREE ROAD Sold Prices

Land registry data shows six sales for 2 ELM TREE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the six 2 ELM TREE 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
2019 25 NOV	£185,000	£167,083	11% above HPI
2009 23 DEC	£129,000	£118,537	9% above HPI
2004 12 NOV	£127,950	£114,402	12% above HPI
2003 31 OCT	£104,000	£96,017	8% above HPI
2002 23 AUG	£82,000	£72,708	13% above HPI
2000 31 MAY	£54,000	£50,218	8% above HPI

2 ELM TREE 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 six 2 ELM TREE ROAD sales between May 2000 and November 2019 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 December 2009 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 2 ELM TREE ROAD be worth now?

2 ELM TREE ROAD might now be worth an estimated £243,294.

This is based on house price inflation of 31.5%, between November 2019 and May 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 31.5% inflationary increase is applied to the most recent sale price for 2 ELM TREE ROAD of £185,000 on 25th November 2019. For the value to have increased from £185,000 to £243,294 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of 2 ELM TREE ROAD has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The November 2019 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM TREE ROAD has not materially changed since November 2019.

How Large is 2 ELM TREE ROAD?

2 ELM TREE ROAD is 64m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 2 ELM TREE ROAD lies on this distribution: 3% of terraced houses houses are smaller than 2 ELM TREE ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 ELM TREE ROAD: Plot and Title Map

2 ELM TREE ROAD sits on a plot of roughly 0.019 of an acre, or 76m². The below map shows the location of 2 ELM TREE 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 2 ELM TREE 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 2 ELM TREE ROAD?

2 ELM TREE ROAD is located in STIRCHLEY, in the B30 postcode district. The below map shows the position of No. 2 on ELM TREE ROAD.