Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
4 THE VILLAS is a large detached house of 129m². It was last sold for £305,000 in February 2021, which was around 21% below the average February 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 4 THE VILLAS since 1st 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 4 THE VILLAS 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 | £305,000 | £384,404 | 21% below HPI |
2016 12 AUG | £275,000 | £306,463 | 10% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 4 THE VILLAS sales from August 2016 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
4 THE VILLAS is 129m² according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 4 THE VILLAS lies on this distribution: 64% of detached houses are smaller than 4 THE VILLAS, and 36% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
4 THE VILLAS sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 4 THE VILLAS, 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 4 THE VILLAS). 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.
4 THE VILLAS is located in BIRMINGHAM, in the B25 postcode district. The below map shows the position of No. 4 on THE VILLAS.