12, LAKEFIELD, NORTHFIELD, BIRMINGHAM, B31 1FQ - £192,500

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 LAKEFIELD is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £192,500 in August 2006, which was around 24% below the average August 2006 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

12 LAKEFIELD Sold Prices

Land registry data shows two sales for 12 LAKEFIELD 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 LAKEFIELD 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
2006 30 AUG	£192,500	£252,238	24% below HPI
2002 16 JAN	£113,750	£148,432	23% below HPI

12 LAKEFIELD 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 LAKEFIELD sales from January 2002 and August 2006 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 January 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2006 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 12 LAKEFIELD?

12 LAKEFIELD is 86m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 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 12 LAKEFIELD lies on this distribution: 17% of detached houses are smaller than 12 LAKEFIELD, and 82% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

12 LAKEFIELD: Plot and Title Map

12 LAKEFIELD sits on a plot of roughly 0.496 of an acre, or 2,007m². The below map shows the location of 12 LAKEFIELD, 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 LAKEFIELD). 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 LAKEFIELD?

12 LAKEFIELD is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 12 on LAKEFIELD.