3, FERNWOODS, BIRMINGHAM, B32 3RL - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 FERNWOODS is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £365,000 in June 2023, which was around 16% below the average June 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

3 FERNWOODS Sold Prices

Land registry data shows four sales for 3 FERNWOODS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 3 FERNWOODS 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
2023 30 JUN	£365,000	£436,661	16% below HPI
2006 3 MAR	£189,000	£246,341	23% below HPI
2004 7 MAY	£181,500	£231,539	22% below HPI
2000 28 JAN	£98,500	£116,433	15% below HPI

3 FERNWOODS 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 four 3 FERNWOODS sales between January 2000 and June 2023 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 March 2006 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the June 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 3 FERNWOODS?

3 FERNWOODS is 98m² according to the EPC inspection conducted in May 2023. 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 FERNWOODS lies on this distribution: 31% of detached houses are smaller than 3 FERNWOODS, and 68% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 FERNWOODS: Plot and Title Map

3 FERNWOODS sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 3 FERNWOODS, 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 FERNWOODS). 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 FERNWOODS?

3 FERNWOODS is located in BIRMINGHAM, in the B32 postcode district. The below map shows the position of No. 3 on FERNWOODS.