383, OLD BIRMINGHAM ROAD, LICKEY, BIRMINGHAM, B45 8EU - £320,000

383 OLD BIRMINGHAM ROAD is a small extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £320,000 in October 2015, which was around 10% below the average October 2015 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

383 OLD BIRMINGHAM ROAD Sold Prices

Land registry data shows two sales for 383 OLD BIRMINGHAM ROAD 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 383 OLD BIRMINGHAM ROAD 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
2015 2 OCT	£320,000	£354,246	10% below HPI
1997 5 SEP	£86,000	£125,281	31% below HPI

383 OLD BIRMINGHAM ROAD 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 383 OLD BIRMINGHAM ROAD sales from September 1997 and October 2015 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 September 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 383 OLD BIRMINGHAM ROAD?

383 OLD BIRMINGHAM ROAD is 121m², which includes four extensions, according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% of detached houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses by size in Lickey, and where 383 OLD BIRMINGHAM ROAD lies on this distribution: 28% of detached houses are smaller than 383 OLD BIRMINGHAM ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Lickey.

383 OLD BIRMINGHAM ROAD: Plot and Title Map

383 OLD BIRMINGHAM ROAD sits on a plot of roughly 0.189 of an acre, or 765m². The below map shows the location of 383 OLD BIRMINGHAM ROAD, 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 383 OLD BIRMINGHAM ROAD). 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 383 OLD BIRMINGHAM ROAD?

383 OLD BIRMINGHAM ROAD is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 383 on OLD BIRMINGHAM ROAD.