38, VARLEY ROAD, BIRMINGHAM, B24 0LB - £172,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 VARLEY ROAD is a very small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £295,705. It was last sold for £172,000 in December 2006, which was around 32% below the average December 2006 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

38 VARLEY ROAD Sold Prices

Land registry data shows three sales for 38 VARLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 38 VARLEY 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
2006 8 DEC	£172,000	£252,415	32% below HPI
2004 21 JUL	£164,950	£231,698	29% below HPI
2001 3 JAN	£105,950	£129,020	18% below HPI

38 VARLEY 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 three 38 VARLEY ROAD sales between January 2001 and December 2006 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 July 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2006 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 38 VARLEY ROAD be worth now?

38 VARLEY ROAD might now be worth an estimated £295,705.

This is based on house price inflation of 71.9%, between December 2006 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.9% inflationary increase is applied to the most recent sale price for 38 VARLEY ROAD of £172,000 on 8th December 2006. For the value to have increased from £172,000 to £295,705 over the nineteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 VARLEY ROAD has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The December 2006 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 38 VARLEY ROAD has not materially changed since December 2006.

How Large is 38 VARLEY ROAD?

38 VARLEY ROAD is 79m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 38 VARLEY ROAD lies on this distribution: 11% of detached houses houses are smaller than 38 VARLEY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 VARLEY ROAD: Plot and Title Map

38 VARLEY ROAD sits on a plot of roughly 4.5 acres, or 18,083m². The below map shows the location of 38 VARLEY 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 VARLEY 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 VARLEY ROAD?

38 VARLEY ROAD is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 38 on VARLEY ROAD.