12, HEATH WAY, BIRMINGHAM, B34 6LL - £185,000

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.

12 HEATH WAY is a very small semi-detached house of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £261,672. It was last sold for £185,000 in July 2017, which was around 3% below the average July 2017 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.

12 HEATH WAY Sold Prices

Land registry data shows three sales for 12 HEATH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Two of the three 12 HEATH WAY sales were for below the average price, whilst one was 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
2017 14 JUL	£185,000	£190,501	3% below HPI
2015 2 FEB	£143,000	£156,922	9% below HPI
1998 31 JUL	£58,500	£57,715	1% above HPI

12 HEATH WAY 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 three 12 HEATH WAY sales between July 1998 and July 2017 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 February 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 HEATH WAY be worth now?

12 HEATH WAY might now be worth an estimated £261,672.

This is based on house price inflation of 41.4%, between July 2017 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 41.4% inflationary increase is applied to the most recent sale price for 12 HEATH WAY of £185,000 on 14th July 2017. For the value to have increased from £185,000 to £261,672 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 12 HEATH WAY has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The July 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 12 HEATH WAY has not materially changed since July 2017.

How Large is 12 HEATH WAY?

12 HEATH WAY is 53m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% 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 12 HEATH WAY lies on this distribution: 1% of semi-detached houses houses are smaller than 12 HEATH WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

12 HEATH WAY: Plot and Title Map

12 HEATH WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 12 HEATH 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 12 HEATH 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 12 HEATH WAY?

12 HEATH WAY is located in BIRMINGHAM, in the B34 postcode district. The below map shows the position of No. 12 on HEATH WAY.