308, BIRMINGHAM ROAD, REDDITCH, B97 6RJ - £405,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

308 BIRMINGHAM ROAD is a midsized extended detached house of 154m², built sometime between 1930 and 1949. It was last sold for £405,000 in May 2018, which was around 2% below the average May 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

308 BIRMINGHAM ROAD Sold Prices

Land registry data shows two sales for 308 BIRMINGHAM 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 Bromsgrove local authority area for the corresponding sale date. One of the two 308 BIRMINGHAM ROAD sales was for below the average price, whilst the other was roughly equal to 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
2018 25 MAY	£405,000	£413,343	2% below HPI
2015 11 SEP	£355,000	£353,342	Close to HPI

308 BIRMINGHAM 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 two 308 BIRMINGHAM ROAD sales from September 2015 and May 2018 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 September 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 308 BIRMINGHAM ROAD?

308 BIRMINGHAM ROAD is 154m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 50% of detached houses in Bordesley, based on EPC data. The below chart shows the distribution of detached houses by size in Bordesley, and where 308 BIRMINGHAM ROAD lies on this distribution: 50% of detached houses are smaller than 308 BIRMINGHAM ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Bordesley.

308 BIRMINGHAM ROAD: Plot and Title Map

308 BIRMINGHAM ROAD sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of 308 BIRMINGHAM 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 308 BIRMINGHAM 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 308 BIRMINGHAM ROAD?

308 BIRMINGHAM ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 308 on BIRMINGHAM ROAD.