4, OAKLANDS WAY, BIRMINGHAM, B31 5EA - £245,000

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

4 OAKLANDS WAY is a large detached house of 131m², built sometime between 1996 and 2002. It was last sold for £245,000 in October 2014, which was around 10% below the average October 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

4 OAKLANDS WAY Sold Prices

Land registry data shows three sales for 4 OAKLANDS WAY 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. One of the three 4 OAKLANDS WAY sales was for below the average price, whilst two 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
2014 17 OCT	£245,000	£271,447	10% below HPI
1999 19 AUG	£119,950	£113,596	6% above HPI
1998 26 JUN	£117,500	£103,627	13% above HPI

4 OAKLANDS WAY 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 4 OAKLANDS WAY sales between June 1998 and October 2014 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 August 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 4 OAKLANDS WAY?

4 OAKLANDS WAY is 131m² according to the EPC inspection conducted in June 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 4 OAKLANDS WAY lies on this distribution: 65% of detached houses are smaller than 4 OAKLANDS WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

4 OAKLANDS WAY: Plot and Title Map

4 OAKLANDS WAY sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 4 OAKLANDS WAY, 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 4 OAKLANDS WAY). 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 4 OAKLANDS WAY?

4 OAKLANDS WAY is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 4 on OAKLANDS WAY.