31, OAK MEADOW CLOSE, YARDLEY, BIRMINGHAM, B26 1EE - £310,000

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.

31 OAK MEADOW CLOSE is a very small extended detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £322,659. It was last sold for £310,000 in May 2024, which was around 26% below the average May 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

31 OAK MEADOW CLOSE Sold Prices

Land registry data shows two sales for 31 OAK MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 31 OAK MEADOW CLOSE 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
2024 23 MAY	£310,000	£421,529	26% below HPI
1999 14 MAR	£97,950	£103,365	5% below HPI

31 OAK MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 31 OAK MEADOW CLOSE sales from March 1999 and May 2024 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 March 1999 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 31 OAK MEADOW CLOSE be worth now?

31 OAK MEADOW CLOSE might now be worth an estimated £322,659.

This is based on house price inflation of 4.1%, between May 2024 and May 2026, for detached 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 4.1% inflationary increase is applied to the most recent sale price for 31 OAK MEADOW CLOSE of £310,000 on 23rd May 2024. For the value to have increased from £310,000 to £322,659 over the two years to May 2026, the following assumptions must hold true:

• The value of 31 OAK MEADOW CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2024 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 31 OAK MEADOW CLOSE has not materially changed since May 2024.

How Large is 31 OAK MEADOW CLOSE?

31 OAK MEADOW CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 31 OAK MEADOW CLOSE lies on this distribution: 18% of detached houses houses are smaller than 31 OAK MEADOW CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

31 OAK MEADOW CLOSE: Plot and Title Map

31 OAK MEADOW CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 31 OAK MEADOW CLOSE, 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 31 OAK MEADOW CLOSE). 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 31 OAK MEADOW CLOSE?

31 OAK MEADOW CLOSE is located in YARDLEY, in the B26 postcode district. The below map shows the position of No. 31 on OAK MEADOW CLOSE.