2, HEATH WAY, BIRMINGHAM, B34 6LL - £250,000

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 HEATH WAY is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2024, which was around 41% below the average May 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was B.

2 HEATH WAY Sold Prices

Land registry data shows two sales for 2 HEATH 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 2 HEATH 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
2024 31 MAY	£250,000	£426,827	41% below HPI
2007 2 NOV	£160,000	£268,007	40% below HPI

2 HEATH 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 2 HEATH WAY sales from November 2007 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 November 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 HEATH WAY?

2 HEATH WAY is 68m², which includes one extension, according to the EPC inspection conducted in March 2024. 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 HEATH WAY lies on this distribution: 4% of detached houses are smaller than 2 HEATH WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 HEATH WAY: Plot and Title Map

2 HEATH WAY sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 HEATH 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 2 HEATH 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 2 HEATH WAY?

2 HEATH WAY is located in BIRMINGHAM, in the B34 postcode district. The below map shows the position of No. 2 on HEATH WAY.