34, REDNAL MILL DRIVE, REDNAL, BIRMINGHAM, B45 8XX - £230,000

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

34 REDNAL MILL DRIVE is a very small detached house of 50m², built sometime between 1976 and 1982. It was last sold for £230,000 in June 2021, which was around 42% below the average June 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

34 REDNAL MILL DRIVE Sold Prices

Land registry data shows two sales for 34 REDNAL MILL DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 34 REDNAL MILL DRIVE 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
2021 9 JUN	£230,000	£395,860	42% below HPI
2020 21 DEC	£145,000	£378,331	62% below HPI

34 REDNAL MILL DRIVE 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 two 34 REDNAL MILL DRIVE sales from December 2020 and June 2021 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 December 2020 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the June 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 34 REDNAL MILL DRIVE?

34 REDNAL MILL DRIVE is 50m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 34 REDNAL MILL DRIVE lies on this distribution: 1% of detached houses are smaller than 34 REDNAL MILL DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

34 REDNAL MILL DRIVE: Plot and Title Map

34 REDNAL MILL DRIVE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 34 REDNAL MILL DRIVE, 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 34 REDNAL MILL DRIVE). 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 34 REDNAL MILL DRIVE?

34 REDNAL MILL DRIVE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 34 on REDNAL MILL DRIVE.