16, PARKTREE WALK, ERDINGTON, BIRMINGHAM, B24 0UE - £180,000

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 PARKTREE WALK is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £361,454. It was last sold for £180,000 in October 2003, which was around 17% below the average October 2003 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

16 PARKTREE WALK Sold Prices

Land registry data shows two sales for 16 PARKTREE WALK 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 PARKTREE WALK 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
2003 7 OCT	£180,000	£216,105	17% below HPI
2002 29 NOV	£157,900	£183,303	14% below HPI

16 PARKTREE WALK 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 PARKTREE WALK sales from November 2002 and October 2003 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 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2003 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 16 PARKTREE WALK be worth now?

16 PARKTREE WALK might now be worth an estimated £361,454.

This is based on house price inflation of 100.8%, between October 2003 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 100.8% inflationary increase is applied to the most recent sale price for 16 PARKTREE WALK of £180,000 on 7th October 2003. For the value to have increased from £180,000 to £361,454 over the 22 years and eight months to February 2025, the following assumptions must hold true:

• The value of 16 PARKTREE WALK has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The October 2003 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PARKTREE WALK has not materially changed since October 2003.

How Large is 16 PARKTREE WALK?

16 PARKTREE WALK is 115m² according to the EPC inspection conducted in July 2021. This puts it in the largest 50% 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 PARKTREE WALK lies on this distribution: 49% of detached houses houses are smaller than 16 PARKTREE WALK, and 50% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

16 PARKTREE WALK: Plot and Title Map

16 PARKTREE WALK sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 16 PARKTREE WALK, 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 PARKTREE WALK). 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 PARKTREE WALK?

16 PARKTREE WALK is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 16 on PARKTREE WALK.