2, HILLSIDE, EACHWAY LANE, REDNAL, BIRMINGHAM, B45 9XZ - £540,000

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 HILLSIDE is a very large detached house of 193m², built sometime between 1983 and 1990. It was last sold for £540,000 in June 2019, which was around 24% above the average June 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

2 HILLSIDE Sold Prices

Land registry data shows three sales for 2 HILLSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 2 HILLSIDE sales were for above 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
2019 28 JUN	£540,000	£434,313	24% above HPI
2017 28 APR	£500,000	£387,107	29% above HPI
2003 2 MAY	£249,500	£233,539	7% above HPI

2 HILLSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 2 HILLSIDE sales between May 2003 and June 2019 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 April 2017 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the June 2019 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 2 HILLSIDE?

2 HILLSIDE is 193m² according to the EPC inspection conducted in March 2013. This puts it in the largest 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 HILLSIDE lies on this distribution: 89% of detached houses are smaller than 2 HILLSIDE, and 11% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 HILLSIDE: Plot and Title Map

2 HILLSIDE sits on a plot of roughly 0.228 of an acre, or 924m². The below map shows the location of 2 HILLSIDE, 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 HILLSIDE). 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 HILLSIDE?

2 HILLSIDE is located on EACHWAY LANE in REDNAL, in the B45 postcode district. The below map shows the position of 2 HILLSIDE on EACHWAY LANE.