328, THE ROUNDABOUT, BIRMINGHAM, B31 2UD - £110,000

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.

328 THE ROUNDABOUT is a very small extended terraced house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £165,894. It was last sold for £110,000 in August 2016, which was around 25% below the average August 2016 terraced price in the Birmingham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

328 THE ROUNDABOUT Sold Prices

Land registry data shows two sales for 328 THE ROUNDABOUT 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 328 THE ROUNDABOUT 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
2016 10 AUG	£110,000	£145,698	25% below HPI
1998 18 SEP	£38,500	£45,060	15% below HPI

328 THE ROUNDABOUT 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 328 THE ROUNDABOUT sales from September 1998 and August 2016 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 September 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 328 THE ROUNDABOUT be worth now?

328 THE ROUNDABOUT might now be worth an estimated £165,894.

This is based on house price inflation of 50.8%, between August 2016 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 50.8% inflationary increase is applied to the most recent sale price for 328 THE ROUNDABOUT of £110,000 on 10th August 2016. For the value to have increased from £110,000 to £165,894 over the ten years and three months to May 2026, the following assumptions must hold true:

• The value of 328 THE ROUNDABOUT has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The August 2016 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 328 THE ROUNDABOUT has not materially changed since August 2016.

How Large is 328 THE ROUNDABOUT?

328 THE ROUNDABOUT is 87m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 328 THE ROUNDABOUT lies on this distribution: 18% of terraced houses houses are smaller than 328 THE ROUNDABOUT, and 81% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

328 THE ROUNDABOUT: Plot and Title Map

328 THE ROUNDABOUT sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 328 THE ROUNDABOUT, 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 328 THE ROUNDABOUT). 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 328 THE ROUNDABOUT?

328 THE ROUNDABOUT is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 328 on THE ROUNDABOUT.