22, OAKLANDS WAY, BIRMINGHAM, B31 5EA - £300,000

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

22 OAKLANDS WAY is a midsized detached house of 121m², built sometime between 1996 and 2002. It was last sold for £300,000 in December 2020, which was around 21% below the average December 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

22 OAKLANDS WAY Sold Prices

Land registry data shows three sales for 22 OAKLANDS WAY since 1^st 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. Two of the three 22 OAKLANDS WAY sales were for below the average price, whilst one was 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
2020 4 DEC	£300,000	£378,331	21% below HPI
2017 21 APR	£255,000	£314,627	19% below HPI
1999 23 APR	£112,500	£105,814	6% above HPI

22 OAKLANDS 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 three 22 OAKLANDS WAY sales between April 1999 and December 2020 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 22 OAKLANDS WAY?

22 OAKLANDS WAY is 121m² according to the EPC inspection conducted in September 2016. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 22 OAKLANDS WAY lies on this distribution: 56% of detached houses are smaller than 22 OAKLANDS WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

22 OAKLANDS WAY: Plot and Title Map

22 OAKLANDS WAY sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 22 OAKLANDS 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 22 OAKLANDS 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 22 OAKLANDS WAY?

22 OAKLANDS WAY is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 22 on OAKLANDS WAY.