3, VARLINS WAY, BIRMINGHAM, B38 9UX - £380,000

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 VARLINS WAY is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £380,000 in February 2022, which was around 10% below the average February 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

3 VARLINS WAY Sold Prices

Land registry data shows three sales for 3 VARLINS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 3 VARLINS WAY 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
2022 18 FEB	£380,000	£420,699	10% below HPI
2016 22 APR	£210,000	£294,657	29% below HPI
2001 12 JAN	£115,000	£131,557	13% below HPI

3 VARLINS WAY 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 three 3 VARLINS WAY sales between January 2001 and February 2022 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 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 VARLINS WAY?

3 VARLINS WAY is 85m² according to the EPC inspection conducted in December 2015. 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 VARLINS WAY lies on this distribution: 16% of detached houses are smaller than 3 VARLINS WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 VARLINS WAY: Plot and Title Map

3 VARLINS WAY sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 3 VARLINS WAY, 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 VARLINS WAY). 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 VARLINS WAY?

3 VARLINS WAY is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 3 on VARLINS WAY.