38, BEACON HILL, REDNAL, BIRMINGHAM, B45 9QP - £445,000

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

38 BEACON HILL is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £445,000 in February 2023, which was around 15% below the average February 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

38 BEACON HILL Sold Prices

Land registry data shows two sales for 38 BEACON HILL 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 38 BEACON HILL 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 3 FEB	£445,000	£520,971	15% below HPI
2003 17 OCT	£242,000	£255,342	5% below HPI

38 BEACON HILL 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 38 BEACON HILL sales from October 2003 and February 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 October 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 38 BEACON HILL?

38 BEACON HILL is 113m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 38 BEACON HILL lies on this distribution: 47% of detached houses are smaller than 38 BEACON HILL, and 52% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 BEACON HILL: Plot and Title Map

38 BEACON HILL sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 38 BEACON HILL, 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 38 BEACON HILL). 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 38 BEACON HILL?

38 BEACON HILL is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 38 on BEACON HILL.