3, HALFWAY CLOSE, BIRMINGHAM, B44 8JL - £285,000

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

3 HALFWAY CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £285,000 in May 2023, which was around 35% below the average May 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

3 HALFWAY CLOSE Sold Prices

Land registry data shows two sales for 3 HALFWAY CLOSE 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 3 HALFWAY CLOSE 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 5 MAY	£285,000	£435,681	35% below HPI
2009 17 DEC	£155,000	£245,319	37% below HPI

3 HALFWAY CLOSE 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 3 HALFWAY CLOSE sales from December 2009 and May 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 December 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 3 HALFWAY CLOSE?

3 HALFWAY CLOSE is 73m² according to the EPC inspection conducted in November 2022. 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 3 HALFWAY CLOSE lies on this distribution: 7% of detached houses are smaller than 3 HALFWAY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 HALFWAY CLOSE: Plot and Title Map

3 HALFWAY CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 HALFWAY CLOSE, 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 HALFWAY CLOSE). 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 HALFWAY CLOSE?

3 HALFWAY CLOSE is located in BIRMINGHAM, in the B44 postcode district. The below map shows the position of No. 3 on HALFWAY CLOSE.