24, OAKFIELD ROAD, ERDINGTON, BIRMINGHAM, B24 8AG - £90,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 OAKFIELD ROAD is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £90,000 in April 2001, which was around 34% below the average April 2001 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

24 OAKFIELD ROAD Sold Prices

Land registry data shows two sales for 24 OAKFIELD 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 24 OAKFIELD 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
2001 20 APR	£90,000	£137,257	34% below HPI
1998 18 DEC	£89,995	£104,105	14% below HPI

24 OAKFIELD 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 24 OAKFIELD ROAD sales from December 1998 and April 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 December 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2001 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 24 OAKFIELD ROAD?

24 OAKFIELD ROAD is 85m² according to the EPC inspection conducted in September 2015. 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 24 OAKFIELD ROAD lies on this distribution: 16% of detached houses are smaller than 24 OAKFIELD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

24 OAKFIELD ROAD: Plot and Title Map

24 OAKFIELD ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 24 OAKFIELD 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 24 OAKFIELD 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 24 OAKFIELD ROAD?

24 OAKFIELD ROAD is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 24 on OAKFIELD ROAD.