3, SOUTH ROAD, NORTHFIELD, BIRMINGHAM, B31 2RB - £236,000

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 SOUTH ROAD is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £236,000 in August 2023, which was around 47% below the average August 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

3 SOUTH ROAD Sold Prices

Land registry data shows two sales for 3 SOUTH ROAD 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 SOUTH 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
2023 14 AUG	£236,000	£441,726	47% below HPI
2023 19 MAY	£240,000	£435,681	45% below HPI

3 SOUTH ROAD 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 SOUTH ROAD sales from May 2023 and August 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 May 2023 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 3 SOUTH ROAD?

3 SOUTH ROAD is 88m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% 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 SOUTH ROAD lies on this distribution: 20% of detached houses are smaller than 3 SOUTH ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 SOUTH ROAD: Plot and Title Map

3 SOUTH ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 3 SOUTH 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 SOUTH 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 SOUTH ROAD?

3 SOUTH ROAD is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 3 on SOUTH ROAD.