12, IRON WAY, BIRMINGHAM, B30 3AQ - £330,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

12 IRON WAY is a midsized detached house of 108m². It was last sold for £330,000 in February 2022, which was around 21% below the average February 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was B, and the potential energy rating was A.

12 IRON WAY Sold Prices

Land registry data shows two sales for 12 IRON 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 Birmingham local authority area for the corresponding sale date. Both of the two 12 IRON WAY 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
2022 11 FEB	£330,000	£418,116	21% below HPI
2019 4 OCT	£317,500	£357,536	11% below HPI

12 IRON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 12 IRON WAY sales from October 2019 and February 2022 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 October 2019 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 12 IRON WAY?

12 IRON WAY is 108m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 12 IRON WAY lies on this distribution: 41% of detached houses are smaller than 12 IRON WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

12 IRON WAY: Plot and Title Map

12 IRON WAY sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 12 IRON 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 IRON 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 IRON WAY?

12 IRON WAY is located in BIRMINGHAM, in the B30 postcode district. The below map shows the position of No. 12 on IRON WAY.