3, THE LIMES, ERDINGTON, BIRMINGHAM, B24 8AF - £145,000

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 THE LIMES is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £145,000 in March 2002, which was around 5% below the average March 2002 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

3 THE LIMES Sold Prices

Land registry data shows two sales for 3 THE LIMES 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. One of the two 3 THE LIMES sales was for below the average price, whilst the other was for above 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
2002 22 MAR	£145,000	£151,870	5% below HPI
1999 17 DEC	£129,995	£116,173	12% above HPI

3 THE LIMES 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 THE LIMES sales from December 1999 and March 2002 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 1999 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2002 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 THE LIMES?

3 THE LIMES is 112m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 50% 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 THE LIMES lies on this distribution: 46% of detached houses are smaller than 3 THE LIMES, and 53% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 THE LIMES: Plot and Title Map

3 THE LIMES sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 3 THE LIMES, 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 THE LIMES). 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 THE LIMES?

3 THE LIMES is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 3 on THE LIMES.