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

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.

278 OLD BIRMINGHAM ROAD is a midsized extended detached house of 145m², built sometime before 1900, which could now be worth an estimated £626,187. 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	£321,708	20% above HPI
2005 18 NOV	£366,800	£295,828	24% above HPI
2004 8 NOV	£250,000	£283,110	12% 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 24% above the HPI. So the extrapolation line tracks at 24% 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.

What might 278 OLD BIRMINGHAM ROAD be worth now?

278 OLD BIRMINGHAM ROAD might now be worth an estimated £626,187.

This is based on house price inflation of 62.6%, between May 2008 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.6% inflationary increase is applied to the most recent sale price for 278 OLD BIRMINGHAM ROAD of £385,000 on 28th May 2008. For the value to have increased from £385,000 to £626,187 over the seventeen years and three months to February 2025, the following assumptions must hold true:

• The value of 278 OLD BIRMINGHAM ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2008 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 278 OLD BIRMINGHAM ROAD has not materially changed since May 2008.

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 houses in Lickey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lickey, and where 278 OLD BIRMINGHAM ROAD lies on this distribution: 47% of detached houses houses are smaller than 278 OLD BIRMINGHAM ROAD, and 53% 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.