16, MILNER WAY, BIRMINGHAM, B13 0BB - £270,000

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.

16 MILNER WAY is a very small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £315,790. It was last sold for £270,000 in December 2020, which was around 27% below the average December 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

16 MILNER WAY Sold Prices

Land registry data shows two sales for 16 MILNER 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 16 MILNER 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
2020 14 DEC	£270,000	£371,032	27% below HPI
2001 16 OCT	£120,000	£146,411	18% below HPI

16 MILNER 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 16 MILNER WAY sales from October 2001 and December 2020 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 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 MILNER WAY be worth now?

16 MILNER WAY might now be worth an estimated £315,790.

This is based on house price inflation of 17%, between December 2020 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 17% inflationary increase is applied to the most recent sale price for 16 MILNER WAY of £270,000 on 14th December 2020. For the value to have increased from £270,000 to £315,790 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 MILNER WAY has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The December 2020 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MILNER WAY has not materially changed since December 2020.

How Large is 16 MILNER WAY?

16 MILNER WAY is 78m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 16 MILNER WAY lies on this distribution: 10% of detached houses houses are smaller than 16 MILNER WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

16 MILNER WAY: Plot and Title Map

16 MILNER WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 16 MILNER 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 16 MILNER 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 16 MILNER WAY?

16 MILNER WAY is located in BIRMINGHAM, in the B13 postcode district. The below map shows the position of No. 16 on MILNER WAY.