314, BIRMINGHAM ROAD, REDDITCH, B97 6RJ - £385,000

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

314 BIRMINGHAM ROAD is a very small extended detached house of 98m², built sometime between 1930 and 1949. It was last sold for £385,000 in November 2023, which was around 26% below the average November 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

314 BIRMINGHAM ROAD Sold Prices

Land registry data shows two sales for 314 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. Both of the two 314 BIRMINGHAM 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 22 NOV	£385,000	£519,314	26% below HPI
2017 8 JUN	£310,000	£396,633	22% below HPI

314 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 314 BIRMINGHAM ROAD sales from June 2017 and November 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 June 2017 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 314 BIRMINGHAM ROAD?

314 BIRMINGHAM ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Bordesley, based on EPC data. The below chart shows the distribution of detached houses by size in Bordesley, and where 314 BIRMINGHAM ROAD lies on this distribution: 2% of detached houses are smaller than 314 BIRMINGHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Bordesley.

314 BIRMINGHAM ROAD: Plot and Title Map

314 BIRMINGHAM ROAD sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 314 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 314 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 314 BIRMINGHAM ROAD?

314 BIRMINGHAM ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 314 on BIRMINGHAM ROAD.