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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 REDHILL GARDENS is a small extended detached house of 96m², built sometime from 2007 onwards. It was last sold for £245,000 in January 2017, which was around 23% 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	£317,033	23% below HPI
2008 28 NOV	£155,000	£250,536	38% below HPI
2006 30 NOV	£239,000	£258,737	8% 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

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 in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 15 REDHILL GARDENS lies on this distribution: 29% of detached 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.