28, WOODWAY, BIRMINGHAM, B24 0AH - £247,500

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

28 WOODWAY is a very small extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £247,500 in September 2021, which was around 38% below the average September 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

28 WOODWAY Sold Prices

Land registry data shows three sales for 28 WOODWAY 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 28 WOODWAY 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
2021 24 SEP	£247,500	£397,660	38% below HPI
2004 5 MAY	£167,000	£231,539	28% below HPI
1996 13 DEC	£74,500	£92,654	20% below HPI

28 WOODWAY 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 28 WOODWAY sales between December 1996 and September 2021 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 May 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 28 WOODWAY?

28 WOODWAY is 85m², which includes two extensions, according to the EPC inspection conducted in December 2019. 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 28 WOODWAY lies on this distribution: 16% of detached houses are smaller than 28 WOODWAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

28 WOODWAY: Plot and Title Map

28 WOODWAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 28 WOODWAY, 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 28 WOODWAY). 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 28 WOODWAY?

28 WOODWAY is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 28 on WOODWAY.