3, CAMBRIDGE WAY, BIRMINGHAM, B27 6SG - £292,500

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

3 CAMBRIDGE WAY is a small detached house of 103m², built sometime between 1991 and 1995. It was last sold for £292,500 in September 2016, which was around 5% below the average September 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

3 CAMBRIDGE WAY Sold Prices

Land registry data shows three sales for 3 CAMBRIDGE WAY 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 3 CAMBRIDGE 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
2016 5 SEP	£292,500	£308,574	5% below HPI
2012 20 JAN	£220,000	£245,177	10% below HPI
1998 23 JAN	£93,000	£101,426	8% below HPI

3 CAMBRIDGE 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 three 3 CAMBRIDGE WAY sales between January 1998 and September 2016 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 January 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 CAMBRIDGE WAY?

3 CAMBRIDGE WAY is 103m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 3 CAMBRIDGE WAY lies on this distribution: 36% of detached houses are smaller than 3 CAMBRIDGE WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 CAMBRIDGE WAY: Plot and Title Map

3 CAMBRIDGE WAY sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of 3 CAMBRIDGE 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 3 CAMBRIDGE 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 3 CAMBRIDGE WAY?

3 CAMBRIDGE WAY is located in BIRMINGHAM, in the B27 postcode district. The below map shows the position of No. 3 on CAMBRIDGE WAY.