Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
16 BISHOPS GATE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £330,000 in May 2024, which was around 23% below the average May 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 16 BISHOPS GATE since 1st 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 16 BISHOPS GATE 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 30 MAY | £330,000 | £426,309 | 23% below HPI |
2022 17 OCT | £370,000 | £451,232 | 18% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 16 BISHOPS GATE sales from October 2022 and May 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 October 2022 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
16 BISHOPS GATE is 85m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 16 BISHOPS GATE lies on this distribution: 16% of detached houses are smaller than 16 BISHOPS GATE, and 83% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
16 BISHOPS GATE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 16 BISHOPS GATE, 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 16 BISHOPS GATE). 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.
16 BISHOPS GATE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 16 on BISHOPS GATE.