38, MELVILLE ROAD, BIRMINGHAM, B16 9JR - £847,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

38 MELVILLE ROAD is a very large detached house of 278m², built sometime before 1900. It was last sold for £847,000 in March 2022, which was around 99% above the average March 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

38 MELVILLE ROAD Sold Prices

Land registry data shows two sales for 38 MELVILLE 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 Birmingham local authority area for the corresponding sale date. Both of the two 38 MELVILLE ROAD sales 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 25 MAR	£847,000	£426,100	99% above HPI
1997 2 SEP	£162,500	£100,096	62% above HPI

38 MELVILLE 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 two 38 MELVILLE ROAD sales from September 1997 and March 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 September 1997 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2022 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

How Large is 38 MELVILLE ROAD?

38 MELVILLE ROAD is 278m² according to the EPC inspection conducted in October 2021. This puts it in the largest 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 38 MELVILLE ROAD lies on this distribution: 97% of detached houses are smaller than 38 MELVILLE ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 MELVILLE ROAD: Plot and Title Map

38 MELVILLE ROAD sits on a plot of roughly 0.271 of an acre, or 1,097m². The below map shows the location of 38 MELVILLE 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 38 MELVILLE 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 38 MELVILLE ROAD?

38 MELVILLE ROAD is located in BIRMINGHAM, in the B16 postcode district. The below map shows the position of No. 38 on MELVILLE ROAD.