24, THE PINES, RUBERY, BIRMINGHAM, B45 9FD - £269,000

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

24 THE PINES is a small extended detached house of 104m², built sometime between 1996 and 2002. It was last sold for £269,000 in February 2018, which was around 20% below the average February 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

24 THE PINES Sold Prices

Land registry data shows three sales for 24 THE PINES 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. All of the three 24 THE PINES 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
2018 28 FEB	£269,000	£335,584	20% below HPI
2004 11 JUN	£130,000	£234,100	44% below HPI
1998 31 JUL	£96,161	£105,333	9% below HPI

24 THE PINES 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 24 THE PINES sales between July 1998 and February 2018 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 2004 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 24 THE PINES?

24 THE PINES is 104m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% 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 THE PINES lies on this distribution: 37% of detached houses are smaller than 24 THE PINES, and 62% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

24 THE PINES: Plot and Title Map

24 THE PINES sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 24 THE PINES, 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 THE PINES). 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 THE PINES?

24 THE PINES is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 24 on THE PINES.