278, OLD BIRMINGHAM ROAD, LICKEY, BIRMINGHAM, B45 8EY - £385,000

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

278 OLD BIRMINGHAM ROAD is a midsized extended detached house of 145m², built sometime before 1900. It was last sold for £385,000 in May 2008, which was around 20% above the average May 2008 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

278 OLD BIRMINGHAM ROAD Sold Prices

Land registry data shows three sales for 278 OLD BIRMINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Two of the three 278 OLD BIRMINGHAM ROAD sales were for above the average price, whilst one was 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
2008 28 MAY	£385,000	£319,511	20% above HPI
2005 18 NOV	£366,800	£293,808	25% above HPI
2004 8 NOV	£250,000	£281,178	11% below HPI

278 OLD BIRMINGHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 278 OLD BIRMINGHAM ROAD sales between November 2004 and May 2008 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 November 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2008 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 278 OLD BIRMINGHAM ROAD?

278 OLD BIRMINGHAM ROAD is 145m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the smallest 50% of detached houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses by size in Lickey, and where 278 OLD BIRMINGHAM ROAD lies on this distribution: 48% of detached houses are smaller than 278 OLD BIRMINGHAM ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Lickey.

278 OLD BIRMINGHAM ROAD: Plot and Title Map

278 OLD BIRMINGHAM ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 278 OLD BIRMINGHAM 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 278 OLD BIRMINGHAM 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 278 OLD BIRMINGHAM ROAD?

278 OLD BIRMINGHAM ROAD is located in LICKEY, in the B45 postcode district. The below map shows the position of No. 278 on OLD BIRMINGHAM ROAD.