1, AERO WAY, COFTON HACKETT, BIRMINGHAM, B45 8GT - £490,000

1 AERO WAY is a very large detached house of 164m². It was last sold for £490,000 in December 2020, which was around 7% above the average December 2020 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

1 AERO WAY Sold Prices

Land registry data shows two sales for 1 AERO WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 1 AERO WAY 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
2020 22 DEC	£490,000	£457,427	7% above HPI
2015 11 DEC	£440,995	£359,911	23% above HPI

1 AERO WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 1 AERO WAY sales from December 2015 and December 2020 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 December 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the December 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 AERO WAY?

1 AERO WAY is 164m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 1 AERO WAY lies on this distribution: 81% of detached houses are smaller than 1 AERO WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

1 AERO WAY: Plot and Title Map

1 AERO WAY sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 1 AERO WAY, 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 1 AERO WAY). 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 1 AERO WAY?

1 AERO WAY is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 1 on AERO WAY.