231, MARSHMONT WAY, BIRMINGHAM, B23 5YN - £122,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

231 MARSHMONT WAY is a midsized detached house of 118m², built sometime between 1983 and 1990. It was last sold for £122,000 in February 2001, which was around 8% below the average February 2001 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

231 MARSHMONT WAY Sold Prices

Land registry data shows two sales for 231 MARSHMONT 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 231 MARSHMONT 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
2001 27 FEB	£122,000	£132,872	8% below HPI
2000 23 JUN	£114,000	£121,100	6% below HPI

231 MARSHMONT 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 231 MARSHMONT WAY sales from June 2000 and February 2001 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 June 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2001 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 231 MARSHMONT WAY?

231 MARSHMONT WAY is 118m² according to the EPC inspection conducted in May 2013. 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 231 MARSHMONT WAY lies on this distribution: 53% of detached houses are smaller than 231 MARSHMONT WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

231 MARSHMONT WAY: Plot and Title Map

231 MARSHMONT WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 231 MARSHMONT 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 231 MARSHMONT 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 231 MARSHMONT WAY?

231 MARSHMONT WAY is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 231 on MARSHMONT WAY.