5, ASH WAY, BIRMINGHAM, B23 5DN - £255,000

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 ASH WAY is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £263,790. It was last sold for £255,000 in May 2022, which was around 40% below the average May 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

5 ASH WAY Sold Prices

Land registry data shows one sale for 5 ASH WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Birmingham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 30 MAY	£255,000	£424,122	40% below HPI

What might 5 ASH WAY be worth now?

5 ASH WAY might now be worth an estimated £263,790.

This is based on house price inflation of 3.4%, between May 2022 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 3.4% inflationary increase is applied to the most recent sale price for 5 ASH WAY of £255,000 on 30th May 2022. For the value to have increased from £255,000 to £263,790 over the four years to May 2026, the following assumptions must hold true:

• The value of 5 ASH WAY has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2022 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ASH WAY has not materially changed since May 2022.

How Large is 5 ASH WAY?

5 ASH WAY is 74m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 5 ASH WAY lies on this distribution: 7% of detached houses are smaller than 5 ASH WAY, and 92% of detached houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 ASH WAY: Plot

5 ASH WAY sits on a plot of roughly 0.057 of an acre, or 231m².

Where is 5 ASH WAY?

5 ASH WAY is located in BIRMINGHAM, in the B23 postcode district.