48, HEATH WAY, BIRMINGHAM, B34 6NB - £241,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

48 HEATH WAY is a very small detached house of 60m², built sometime between 1930 and 1949. It was last sold for £241,500 in November 2020, which was around 35% below the average November 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was B.

48 HEATH WAY Sold Prices

Land registry data shows two sales for 48 HEATH 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 48 HEATH 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
2020 6 NOV	£241,500	£373,063	35% below HPI
2005 17 AUG	£169,995	£246,243	31% below HPI

48 HEATH 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 48 HEATH WAY sales from August 2005 and November 2020 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 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2020 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 48 HEATH WAY?

48 HEATH WAY is 60m² according to the EPC inspection conducted in June 2020. 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 48 HEATH WAY lies on this distribution: 2% of detached houses are smaller than 48 HEATH WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

48 HEATH WAY: Plot and Title Map

48 HEATH WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 48 HEATH 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 48 HEATH 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 48 HEATH WAY?

48 HEATH WAY is located in BIRMINGHAM, in the B34 postcode district. The below map shows the position of No. 48 on HEATH WAY.