2A, RIVERMEAD PARK, BIRMINGHAM, B34 6HH - £185,000

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

2A RIVERMEAD PARK is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £185,000 in September 2019, which was around 48% below the average September 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

2A RIVERMEAD PARK Sold Prices

Land registry data shows two sales for 2A RIVERMEAD PARK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 2A RIVERMEAD PARK 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
2019 6 SEP	£185,000	£357,154	48% below HPI
2018 30 NOV	£128,000	£355,845	64% below HPI

2A RIVERMEAD PARK 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 two 2A RIVERMEAD PARK sales from November 2018 and September 2019 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 2018 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the September 2019 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 2A RIVERMEAD PARK?

2A RIVERMEAD PARK is 65m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 2A RIVERMEAD PARK lies on this distribution: 3% of detached houses are smaller than 2A RIVERMEAD PARK, and 97% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2A RIVERMEAD PARK: Plot and Title Map

2A RIVERMEAD PARK sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2A RIVERMEAD PARK, 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 2A RIVERMEAD PARK). 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 2A RIVERMEAD PARK?

2A RIVERMEAD PARK is located in BIRMINGHAM, in the B34 postcode district. The below map shows the position of No. 2A on RIVERMEAD PARK.