15A, REA AVENUE, RUBERY, BIRMINGHAM, B45 9SR - £350,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

15A REA AVENUE is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £350,000 in September 2019, which was around 19% below the average September 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was D.

15A REA AVENUE Sold Prices

Land registry data shows three sales for 15A REA AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 15A REA AVENUE 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
2019 6 SEP	£350,000	£434,517	19% below HPI
2014 14 MAR	£250,000	£319,537	22% below HPI
1999 17 NOV	£140,000	£147,743	5% below HPI

15A REA AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 15A REA AVENUE sales between November 1999 and September 2019 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 March 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15A REA AVENUE?

15A REA AVENUE is 148m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 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 15A REA AVENUE lies on this distribution: 75% of detached houses are smaller than 15A REA AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15A REA AVENUE: Plot and Title Map

15A REA AVENUE sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of 15A REA AVENUE, 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 15A REA AVENUE). 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 15A REA AVENUE?

15A REA AVENUE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 15A on REA AVENUE.