321, REDNAL ROAD, BIRMINGHAM, B38 8EE - £395,000

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

321 REDNAL ROAD is a small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £395,000 in February 2022, which was around 6% below the average February 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

321 REDNAL ROAD Sold Prices

Land registry data shows four sales for 321 REDNAL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. two of the four 321 REDNAL ROAD sales were for below the average price, and four were 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
2022 24 FEB	£395,000	£420,699	6% below HPI
2011 16 JUN	£275,000	£242,908	13% above HPI
2006 16 JUN	£227,000	£250,005	9% below HPI
2001 30 NOV	£150,000	£149,120	1% above HPI

321 REDNAL 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 four 321 REDNAL ROAD sales between November 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 June 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the February 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 321 REDNAL ROAD?

321 REDNAL ROAD is 97m², which includes three extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 321 REDNAL ROAD lies on this distribution: 30% of detached houses are smaller than 321 REDNAL ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

321 REDNAL ROAD: Plot and Title Map

321 REDNAL ROAD sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of 321 REDNAL 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 321 REDNAL 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 321 REDNAL ROAD?

321 REDNAL ROAD is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 321 on REDNAL ROAD.