1, HILLSIDE, EACHWAY LANE, REDNAL, BIRMINGHAM, B45 9XZ - £440,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HILLSIDE is a very large detached house of 217m², built sometime between 1983 and 1990. It was last sold for £440,000 in March 2016, which was around 22% above the average March 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

1 HILLSIDE Sold Prices

Land registry data shows three sales for 1 HILLSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 1 HILLSIDE 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
2016 31 MAR	£440,000	£360,961	22% above HPI
2002 5 APR	£240,000	£188,928	27% above HPI
1995 20 APR	£175,000	£106,925	64% above HPI

1 HILLSIDE 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 three 1 HILLSIDE sales between April 1995 and March 2016 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 April 2002 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2016 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 1 HILLSIDE?

1 HILLSIDE is 217m² according to the EPC inspection conducted in August 2015. This puts it in the largest 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 1 HILLSIDE lies on this distribution: 92% of detached houses are smaller than 1 HILLSIDE, and 8% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

1 HILLSIDE: Plot and Title Map

1 HILLSIDE sits on a plot of roughly 0.264 of an acre, or 1,070m². The below map shows the location of 1 HILLSIDE, 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 HILLSIDE). 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 HILLSIDE?

1 HILLSIDE is located on EACHWAY LANE in REDNAL, in the B45 postcode district. The below map shows the position of 1 HILLSIDE on EACHWAY LANE.