14, NEW SPRING GARDENS, BIRMINGHAM, B18 7LN - £244,000

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.

14 NEW SPRING GARDENS is a small detached house of 104m², which could now be worth an estimated £278,770. It was last sold for £244,000 in March 2021, which was around 36% below the average March 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

14 NEW SPRING GARDENS Sold Prices

Land registry data shows three sales for 14 NEW SPRING GARDENS 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 14 NEW SPRING GARDENS 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
2021 22 MAR	£244,000	£379,830	36% below HPI
2015 8 OCT	£45,500	£283,278	84% below HPI
2007 11 JAN	£32,000	£253,429	87% below HPI

14 NEW SPRING GARDENS 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 14 NEW SPRING GARDENS sales between January 2007 and March 2021 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 2015 sale was for 84% below the HPI. So the extrapolation line tracks at 84% below the HPI over time, until the March 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 14 NEW SPRING GARDENS be worth now?

14 NEW SPRING GARDENS might now be worth an estimated £278,770.

This is based on house price inflation of 14.3%, between March 2021 and February 2025, for 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 14.3% inflationary increase is applied to the most recent sale price for 14 NEW SPRING GARDENS of £244,000 on 22nd March 2021. For the value to have increased from £244,000 to £278,770 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 14 NEW SPRING GARDENS has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2021 sale price of £244,000 represented a fair market value for the property.
• The size, condition, and specification of 14 NEW SPRING GARDENS has not materially changed since March 2021.

How Large is 14 NEW SPRING GARDENS?

14 NEW SPRING GARDENS is 104m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 14 NEW SPRING GARDENS lies on this distribution: 37% of detached houses houses are smaller than 14 NEW SPRING GARDENS, and 62% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

14 NEW SPRING GARDENS: Plot and Title Map

14 NEW SPRING GARDENS sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 14 NEW SPRING GARDENS, 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 14 NEW SPRING GARDENS). 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 14 NEW SPRING GARDENS?

14 NEW SPRING GARDENS is located in BIRMINGHAM, in the B18 postcode district. The below map shows the position of No. 14 on NEW SPRING GARDENS.