124, WESTMINSTER ROAD, HANDSWORTH, BIRMINGHAM, B20 3LX - £386,980

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

124 WESTMINSTER ROAD is a very large extended detached house of 218m², built sometime between 1900 and 1929. It was last sold for £386,980 in December 2022, which was around 15% below the average December 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

124 WESTMINSTER ROAD Sold Prices

Land registry data shows three sales for 124 WESTMINSTER ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 124 WESTMINSTER 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
2022 9 DEC	£386,980	£456,336	15% below HPI
2004 23 JUL	£144,000	£236,255	39% below HPI
2004 20 APR	£80,000	£229,672	65% below HPI

124 WESTMINSTER ROAD 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 three 124 WESTMINSTER ROAD sales between April 2004 and December 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 July 2004 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 124 WESTMINSTER ROAD?

124 WESTMINSTER ROAD is 218m², which includes one extension, according to the EPC inspection conducted in July 2022. 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 124 WESTMINSTER ROAD lies on this distribution: 92% of detached houses are smaller than 124 WESTMINSTER ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

124 WESTMINSTER ROAD: Plot and Title Map

124 WESTMINSTER ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 124 WESTMINSTER 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 124 WESTMINSTER 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 124 WESTMINSTER ROAD?

124 WESTMINSTER ROAD is located in HANDSWORTH, in the B20 postcode district. The below map shows the position of No. 124 on WESTMINSTER ROAD.