3, SCHOOL ROAD, RUBERY, BIRMINGHAM, B45 9EL - £295,000

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 SCHOOL ROAD is a small extended detached house of 106m², built sometime between 1950 and 1966. It was last sold for £295,000 in April 2014, which was around 10% below the average April 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

3 SCHOOL ROAD Sold Prices

Land registry data shows three sales for 3 SCHOOL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. All of the three 3 SCHOOL ROAD 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
2014 4 APR	£295,000	£328,029	10% below HPI
2007 1 OCT	£275,000	£326,836	16% below HPI
2007 20 JUL	£249,950	£312,777	20% below HPI

3 SCHOOL ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 3 SCHOOL ROAD sales between July 2007 and April 2014 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 October 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2014 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 SCHOOL ROAD?

3 SCHOOL ROAD is 106m², which includes one extension, according to the EPC inspection conducted in February 2016. 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 SCHOOL ROAD lies on this distribution: 39% of detached houses are smaller than 3 SCHOOL ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 SCHOOL ROAD: Plot and Title Map

3 SCHOOL ROAD sits on a plot of roughly 0.259 of an acre, or 1,049m². The below map shows the location of 3 SCHOOL ROAD, 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 SCHOOL ROAD). 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 SCHOOL ROAD?

3 SCHOOL ROAD is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 3 on SCHOOL ROAD.