391, REDNAL ROAD, BIRMINGHAM, B38 8ER - £167,500

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

391 REDNAL ROAD is a large extended detached house of 132m², built sometime between 1930 and 1949. It was last sold for £167,500 in October 2015, which was around 42% below the average October 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

391 REDNAL ROAD Sold Prices

Land registry data shows two sales for 391 REDNAL 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 391 REDNAL 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
2015 27 OCT	£167,500	£288,850	42% below HPI
2002 20 JUN	£135,000	£162,510	17% below HPI

391 REDNAL 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 391 REDNAL ROAD sales from June 2002 and October 2015 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 June 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 391 REDNAL ROAD?

391 REDNAL ROAD is 132m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 391 REDNAL ROAD lies on this distribution: 66% of detached houses are smaller than 391 REDNAL ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

391 REDNAL ROAD: Plot and Title Map

391 REDNAL ROAD sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 391 REDNAL 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 391 REDNAL 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 391 REDNAL ROAD?

391 REDNAL ROAD is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 391 on REDNAL ROAD.