338, BIRMINGHAM ROAD, REDDITCH, B97 6RJ - £400,000

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

338 BIRMINGHAM ROAD is a very small extended detached house of 104m², built sometime between 1930 and 1949. It was last sold for £400,000 in January 2022, which was around 18% below the average January 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

338 BIRMINGHAM ROAD Sold Prices

Land registry data shows two sales for 338 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 338 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
2022 28 JAN	£400,000	£487,227	18% below HPI
2018 31 AUG	£330,000	£428,906	23% below HPI

338 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 338 BIRMINGHAM ROAD sales from August 2018 and January 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 August 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 338 BIRMINGHAM ROAD?

338 BIRMINGHAM ROAD is 104m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 338 BIRMINGHAM ROAD lies on this distribution: 7% of detached houses are smaller than 338 BIRMINGHAM ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Bordesley.

338 BIRMINGHAM ROAD: Plot and Title Map

338 BIRMINGHAM ROAD sits on a plot of roughly 0.380 of an acre, or 1,538m². The below map shows the location of 338 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 338 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 338 BIRMINGHAM ROAD?

338 BIRMINGHAM ROAD is located in REDDITCH, in the B97 postcode district. The below map shows the position of No. 338 on BIRMINGHAM ROAD.