2, BEACH CLOSE, BIRMINGHAM, B31 3DB - £195,000

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

2 BEACH CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £195,000 in January 2017, which was around 38% below the average January 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

2 BEACH CLOSE Sold Prices

Land registry data shows four sales for 2 BEACH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 2 BEACH CLOSE 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 16 JAN	£195,000	£317,033	38% below HPI
2005 13 MAY	£141,000	£243,745	42% below HPI
2000 19 MAY	£82,000	£119,496	31% below HPI
1998 28 AUG	£78,950	£106,440	26% below HPI

2 BEACH CLOSE 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 four 2 BEACH CLOSE sales between August 1998 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 May 2005 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2017 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 BEACH CLOSE?

2 BEACH CLOSE is 80m² according to the EPC inspection conducted in October 2016. 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 2 BEACH CLOSE lies on this distribution: 12% of detached houses are smaller than 2 BEACH CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 BEACH CLOSE: Plot and Title Map

2 BEACH CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 2 BEACH CLOSE, 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 2 BEACH CLOSE). 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 2 BEACH CLOSE?

2 BEACH CLOSE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 2 on BEACH CLOSE.