3, PALMVALE CROFT, BIRMINGHAM, B26 2US - £239,000

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 PALMVALE CROFT is a very small extended detached house of 76m², built sometime between 1996 and 2002. It was last sold for £239,000 in May 2024, which was around 44% below the average May 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

3 PALMVALE CROFT Sold Prices

Land registry data shows four sales for 3 PALMVALE CROFT 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 PALMVALE CROFT 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
2024 3 MAY	£239,000	£426,309	44% below HPI
2015 2 APR	£163,500	£272,715	40% below HPI
2007 2 FEB	£159,950	£259,017	38% below HPI
2000 26 JUL	£79,950	£123,479	35% below HPI

3 PALMVALE CROFT 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 PALMVALE CROFT sales between July 2000 and May 2024 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 April 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2024 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 3 PALMVALE CROFT?

3 PALMVALE CROFT is 76m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 PALMVALE CROFT lies on this distribution: 9% of detached houses are smaller than 3 PALMVALE CROFT, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 PALMVALE CROFT: Plot and Title Map

3 PALMVALE CROFT sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 PALMVALE CROFT, 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 PALMVALE CROFT). 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 PALMVALE CROFT?

3 PALMVALE CROFT is located in BIRMINGHAM, in the B26 postcode district. The below map shows the position of No. 3 on PALMVALE CROFT.