216, RESERVOIR ROAD, SELLY OAK, BIRMINGHAM, B29 6TE - £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

216 RESERVOIR ROAD is a very small extended detached house of 81m², built sometime between 1930 and 1949. It was last sold for £195,000 in May 2021, which was around 50% below the average May 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

216 RESERVOIR ROAD Sold Prices

Land registry data shows two sales for 216 RESERVOIR ROAD 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 216 RESERVOIR ROAD 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
2021 21 MAY	£195,000	£388,128	50% below HPI
2001 27 APR	£76,000	£137,257	45% below HPI

216 RESERVOIR ROAD 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 216 RESERVOIR ROAD sales from April 2001 and May 2021 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 2001 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 216 RESERVOIR ROAD?

216 RESERVOIR ROAD is 81m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 216 RESERVOIR ROAD lies on this distribution: 13% of detached houses are smaller than 216 RESERVOIR ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

216 RESERVOIR ROAD: Plot and Title Map

216 RESERVOIR ROAD sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 216 RESERVOIR ROAD, 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 216 RESERVOIR ROAD). 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 216 RESERVOIR ROAD?

216 RESERVOIR ROAD is located in SELLY OAK, in the B29 postcode district. The below map shows the position of No. 216 on RESERVOIR ROAD.