42, VARLINS WAY, BIRMINGHAM, B38 9UX - £315,000

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

42 VARLINS WAY is a midsized extended detached house of 117m², built sometime between 1976 and 1982. It was last sold for £315,000 in February 2018, which was around 6% below the average February 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

42 VARLINS WAY Sold Prices

Land registry data shows four sales for 42 VARLINS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 42 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
2018 23 FEB	£315,000	£335,584	6% below HPI
2015 30 JAN	£180,000	£270,154	33% below HPI
2005 28 OCT	£185,000	£246,695	25% below HPI
2004 7 MAY	£183,500	£231,539	21% below HPI

42 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 four 42 VARLINS WAY sales between May 2004 and February 2018 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 January 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 42 VARLINS WAY?

42 VARLINS WAY is 117m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 42 VARLINS WAY lies on this distribution: 52% of detached houses are smaller than 42 VARLINS WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

42 VARLINS WAY: Plot and Title Map

42 VARLINS WAY sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 42 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 42 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 42 VARLINS WAY?

42 VARLINS WAY is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 42 on VARLINS WAY.