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
47 PEPLINS WAY is a very small semi-detached house of 78m², built sometime between 1930 and 1949. It was last sold for £350,000 in May 2024, which was around 18% below the average May 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 47 PEPLINS WAY since 1st 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 PEPLINS 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 |
---|---|---|---|
2024 13 MAY | £350,000 | £426,309 | 18% below HPI |
2016 23 MAY | £199,950 | £296,381 | 33% below HPI |
2005 17 MAY | £138,000 | £243,745 | 43% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 47 PEPLINS WAY sales between May 2005 and May 2024 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 May 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2024 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
47 PEPLINS WAY is 78m² according to the EPC inspection conducted in March 2016. 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 47 PEPLINS WAY lies on this distribution: 10% of detached houses are smaller than 47 PEPLINS WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
47 PEPLINS WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 47 PEPLINS 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 PEPLINS 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.
47 PEPLINS WAY is located in BIRMINGHAM, in the B30 postcode district. The below map shows the position of No. 47 on PEPLINS WAY.