15, REDHILL GARDENS, BIRMINGHAM, B38 8JF - £245,000

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 REDHILL GARDENS is a small extended detached house of 96m², built sometime from 2007 onwards, which could now be worth an estimated £341,954. It was last sold for £245,000 in January 2017, which was around 21% below the average January 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

15 REDHILL GARDENS Sold Prices

Land registry data shows three sales for 15 REDHILL 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 15 REDHILL 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
2017 20 JAN	£245,000	£310,917	21% below HPI
2008 28 NOV	£155,000	£245,703	37% below HPI
2006 30 NOV	£239,000	£253,746	6% below HPI

15 REDHILL 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 15 REDHILL GARDENS sales between November 2006 and January 2017 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 November 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 15 REDHILL GARDENS be worth now?

15 REDHILL GARDENS might now be worth an estimated £341,954.

This is based on house price inflation of 39.6%, between January 2017 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 39.6% inflationary increase is applied to the most recent sale price for 15 REDHILL GARDENS of £245,000 on 20th January 2017. For the value to have increased from £245,000 to £341,954 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 REDHILL GARDENS has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The January 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 15 REDHILL GARDENS has not materially changed since January 2017.

How Large is 15 REDHILL GARDENS?

15 REDHILL GARDENS is 96m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 REDHILL GARDENS lies on this distribution: 29% of detached houses houses are smaller than 15 REDHILL GARDENS, and 70% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 REDHILL GARDENS: Plot and Title Map

15 REDHILL GARDENS sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 15 REDHILL 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 15 REDHILL 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 15 REDHILL GARDENS?

15 REDHILL GARDENS is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 15 on REDHILL GARDENS.