47, MARSHMONT WAY, BIRMINGHAM, B23 5XY - £252,500

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

47 MARSHMONT WAY is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £252,500 in October 2019, which was around 29% below the average October 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

47 MARSHMONT WAY Sold Prices

Land registry data shows three sales for 47 MARSHMONT 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. All of the three 47 MARSHMONT 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
2019 18 OCT	£252,500	£357,536	29% below HPI
2015 29 JUN	£180,000	£273,997	34% below HPI
2000 31 JAN	£92,950	£116,433	20% below HPI

47 MARSHMONT 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 47 MARSHMONT WAY sales between January 2000 and October 2019 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2019 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 47 MARSHMONT WAY?

47 MARSHMONT WAY is 76m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 47 MARSHMONT WAY lies on this distribution: 9% of detached houses are smaller than 47 MARSHMONT WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

47 MARSHMONT WAY: Plot and Title Map

47 MARSHMONT WAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 47 MARSHMONT 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 47 MARSHMONT 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 47 MARSHMONT WAY?

47 MARSHMONT WAY is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 47 on MARSHMONT WAY.