24, VARLINS WAY, BIRMINGHAM, B38 9UX - £152,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 VARLINS WAY is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £261,507. It was last sold for £152,000 in February 2014, which was around 40% below the average February 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was F, and the potential energy rating was C.

24 VARLINS WAY Sold Prices

Land registry data shows four sales for 24 VARLINS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 24 VARLINS 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
2014 21 FEB	£152,000	£252,235	40% below HPI
2003 18 JUL	£137,000	£207,524	34% below HPI
1999 10 SEP	£86,000	£112,370	23% below HPI
1995 16 MAR	£41,500	£87,078	52% below HPI

24 VARLINS 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 four 24 VARLINS WAY sales between March 1995 and February 2014 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 July 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2014 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 24 VARLINS WAY be worth now?

24 VARLINS WAY might now be worth an estimated £261,507.

This is based on house price inflation of 72%, between February 2014 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72% inflationary increase is applied to the most recent sale price for 24 VARLINS WAY of £152,000 on 21st February 2014. For the value to have increased from £152,000 to £261,507 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 24 VARLINS WAY has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The February 2014 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 24 VARLINS WAY has not materially changed since February 2014.

How Large is 24 VARLINS WAY?

24 VARLINS WAY is 76m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 24 VARLINS WAY lies on this distribution: 9% of detached houses houses are smaller than 24 VARLINS WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

24 VARLINS WAY: Plot and Title Map

24 VARLINS WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 24 VARLINS 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 24 VARLINS 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 24 VARLINS WAY?

24 VARLINS WAY is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 24 on VARLINS WAY.