48, REDHILL GARDENS, BIRMINGHAM, B38 8JF - £300,000

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

48 REDHILL GARDENS is a midsized detached house of 115m², built sometime between 2003 and 2006. It was last sold for £300,000 in March 2021, which was around 23% below the average March 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

48 REDHILL GARDENS Sold Prices

Land registry data shows two sales for 48 REDHILL GARDENS 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. One of the two 48 REDHILL GARDENS sales was for below the average price, whilst the other was roughly equal to 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
2021 26 MAR	£300,000	£387,301	23% below HPI
2007 15 JUN	£264,000	£263,148	Close to HPI

48 REDHILL GARDENS 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 REDHILL GARDENS sales from June 2007 and March 2021 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 48 REDHILL GARDENS?

48 REDHILL GARDENS is 115m² according to the EPC inspection conducted in December 2020. 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 48 REDHILL GARDENS lies on this distribution: 49% of detached houses are smaller than 48 REDHILL GARDENS, and 50% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

48 REDHILL GARDENS: Plot and Title Map

48 REDHILL GARDENS sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 48 REDHILL GARDENS, 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 REDHILL GARDENS). 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 REDHILL GARDENS?

48 REDHILL GARDENS is located in BIRMINGHAM, in the B38 postcode district. The below map shows the position of No. 48 on REDHILL GARDENS.