15, GORSYMEAD GROVE, BIRMINGHAM, B31 5JL - £215,000

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.

15 GORSYMEAD GROVE is a small detached house of 95m², which could now be worth an estimated £240,327. It was last sold for £215,000 in June 2021, which was around 45% below the average June 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2011, where the current energy rating was B, and the potential energy rating was B.

15 GORSYMEAD GROVE Sold Prices

Land registry data shows two sales for 15 GORSYMEAD GROVE 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 15 GORSYMEAD GROVE 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 29 JUN	£215,000	£388,223	45% below HPI
2012 25 MAY	£174,995	£237,841	26% below HPI

15 GORSYMEAD GROVE 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 15 GORSYMEAD GROVE sales from May 2012 and June 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 May 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 15 GORSYMEAD GROVE be worth now?

15 GORSYMEAD GROVE might now be worth an estimated £240,327.

This is based on house price inflation of 11.8%, between June 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 11.8% inflationary increase is applied to the most recent sale price for 15 GORSYMEAD GROVE of £215,000 on 29th June 2021. For the value to have increased from £215,000 to £240,327 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 GORSYMEAD GROVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The June 2021 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GORSYMEAD GROVE has not materially changed since June 2021.

How Large is 15 GORSYMEAD GROVE?

15 GORSYMEAD GROVE is 95m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% 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 15 GORSYMEAD GROVE lies on this distribution: 29% of detached houses houses are smaller than 15 GORSYMEAD GROVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 GORSYMEAD GROVE: Plot and Title Map

15 GORSYMEAD GROVE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 15 GORSYMEAD GROVE, 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 15 GORSYMEAD GROVE). 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 15 GORSYMEAD GROVE?

15 GORSYMEAD GROVE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 15 on GORSYMEAD GROVE.