40, VARLINS WAY, BIRMINGHAM, B38 9UX - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

40 VARLINS WAY is a very small extended detached house of 88m², built sometime between 1976 and 1982. It was last sold for £300,000 in April 2023, which was around 32% below the average April 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

40 VARLINS WAY Sold Prices

Land registry data shows two sales for 40 VARLINS WAY 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 40 VARLINS WAY 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 21 APR	£300,000	£441,766	32% below HPI
1998 17 DEC	£96,000	£104,105	8% below HPI

40 VARLINS 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 two 40 VARLINS WAY sales from December 1998 and April 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 December 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the April 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 40 VARLINS WAY?

40 VARLINS WAY is 88m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 40 VARLINS WAY lies on this distribution: 20% of detached houses are smaller than 40 VARLINS WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

40 VARLINS WAY: Plot and Title Map

40 VARLINS WAY sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 40 VARLINS 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 40 VARLINS 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 40 VARLINS WAY?

40 VARLINS WAY is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 40 on VARLINS WAY.