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
2 FIELD AVENUE is a very small extended detached house of 75m², built sometime between 1991 and 1995. It was last sold for £245,000 in September 2023, which was around 45% below the average September 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 FIELD AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 2 FIELD 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 |
---|---|---|---|
2023 26 SEP | £245,000 | £444,913 | 45% below HPI |
2007 14 DEC | £165,000 | £267,885 | 38% below HPI |
2000 21 DEC | £104,950 | £130,187 | 19% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 2 FIELD AVENUE sales between December 2000 and September 2023 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 December 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.
2 FIELD AVENUE is 75m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% 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 FIELD AVENUE lies on this distribution: 8% of detached houses are smaller than 2 FIELD AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
2 FIELD AVENUE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 2 FIELD 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 2 FIELD 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.
2 FIELD AVENUE is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 2 on FIELD AVENUE.