5, GRESTONE AVENUE, BIRMINGHAM, B20 1AR - £175,000

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.

5 GRESTONE AVENUE is a very small semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £322,780. It was last sold for £175,000 in February 2006, which was around 20% above the average February 2006 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

5 GRESTONE AVENUE Sold Prices

Land registry data shows two sales for 5 GRESTONE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 5 GRESTONE AVENUE sales were for above 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
2006 6 FEB	£175,000	£146,088	20% above HPI
1999 11 JAN	£67,500	£57,082	18% above HPI

5 GRESTONE AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 5 GRESTONE AVENUE sales from January 1999 and February 2006 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 January 1999 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2006 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 5 GRESTONE AVENUE be worth now?

5 GRESTONE AVENUE might now be worth an estimated £322,780.

This is based on house price inflation of 84.4%, between February 2006 and February 2025, for semi-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 84.4% inflationary increase is applied to the most recent sale price for 5 GRESTONE AVENUE of £175,000 on 6th February 2006. For the value to have increased from £175,000 to £322,780 over the nineteen years to February 2025, the following assumptions must hold true:

• The value of 5 GRESTONE AVENUE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The February 2006 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRESTONE AVENUE has not materially changed since February 2006.

How Large is 5 GRESTONE AVENUE?

5 GRESTONE AVENUE is 81m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 5 GRESTONE AVENUE lies on this distribution: 13% of semi-detached houses houses are smaller than 5 GRESTONE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 GRESTONE AVENUE: Plot and Title Map

5 GRESTONE AVENUE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 5 GRESTONE 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 5 GRESTONE 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.

Where is 5 GRESTONE AVENUE?

5 GRESTONE AVENUE is located in BIRMINGHAM, in the B20 postcode district. The below map shows the position of No. 5 on GRESTONE AVENUE.