15, LATHE WAY, BIRMINGHAM, B24 0SD - £345,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 LATHE WAY is a midsized detached house of 121m², built sometime from 2012 onwards. It was last sold for £345,000 in July 2024, which was around 21% below the average July 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

15 LATHE WAY Sold Prices

Land registry data shows two sales for 15 LATHE 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 15 LATHE 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
2024 10 JUL	£345,000	£434,803	21% below HPI
2017 31 AUG	£285,000	£329,177	13% below HPI

15 LATHE 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 15 LATHE WAY sales from August 2017 and July 2024 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 August 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2024 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 15 LATHE WAY?

15 LATHE WAY is 121m² according to the EPC inspection conducted in April 2024. This puts it in the largest 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 15 LATHE WAY lies on this distribution: 56% of detached houses are smaller than 15 LATHE WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 LATHE WAY: Plot and Title Map

15 LATHE WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 15 LATHE 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 15 LATHE 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 15 LATHE WAY?

15 LATHE WAY is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 15 on LATHE WAY.