27, FLEMING WAY, REDNAL, BIRMINGHAM, B45 9TF - £82,500

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.

27 FLEMING WAY is a very small terraced house of 63m², which could now be worth an estimated £96,317. It was last sold for £82,500 in February 2021, which was around 55% below the average February 2021 terraced price in the Birmingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was B, and the potential energy rating was B.

27 FLEMING WAY Sold Prices

Land registry data shows two sales for 27 FLEMING WAY 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 27 FLEMING WAY 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
2021 19 FEB	£82,500	£184,216	55% below HPI
2018 3 AUG	£80,000	£162,275	51% below HPI

27 FLEMING WAY 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 27 FLEMING WAY sales from August 2018 and February 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 August 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2021 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 27 FLEMING WAY be worth now?

27 FLEMING WAY might now be worth an estimated £96,317.

This is based on house price inflation of 16.7%, between February 2021 and June 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 16.7% inflationary increase is applied to the most recent sale price for 27 FLEMING WAY of £82,500 on 19th February 2021. For the value to have increased from £82,500 to £96,317 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of 27 FLEMING WAY has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The February 2021 sale price of £82,500 represented a fair market value for the property.
• The size, condition, and specification of 27 FLEMING WAY has not materially changed since February 2021.

How Large is 27 FLEMING WAY?

27 FLEMING WAY is 63m² according to the EPC inspection conducted in March 2012. 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 27 FLEMING WAY lies on this distribution: 3% of terraced houses houses are smaller than 27 FLEMING WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

27 FLEMING WAY: Plot and Title Map

27 FLEMING WAY sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 27 FLEMING WAY, 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 27 FLEMING WAY). 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 27 FLEMING WAY?

27 FLEMING WAY is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 27 on FLEMING WAY.