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
40 GROVE AVENUE is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £520,000 in July 2018, which was around 51% above the average July 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 40 GROVE AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Two of the three 40 GROVE AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2018 12 JUL | £520,000 | £343,406 | 51% above HPI |
2013 31 MAY | £250,000 | £246,848 | 1% above HPI |
1996 24 MAY | £86,000 | £88,353 | 3% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 40 GROVE AVENUE sales between May 1996 and July 2018 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 May 2013 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2018 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.
40 GROVE AVENUE is 148m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 40 GROVE AVENUE lies on this distribution: 75% of detached houses are smaller than 40 GROVE AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
40 GROVE AVENUE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 40 GROVE AVENUE, 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 40 GROVE AVENUE). 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.
40 GROVE AVENUE is located in MOSELEY, in the B13 postcode district. The below map shows the position of No. 40 on GROVE AVENUE.