50, CHAPEL RISE, REDNAL, BIRMINGHAM, B45 9SN - £355,000

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

50 CHAPEL RISE is a midsized detached house of 120m². It was last sold for £355,000 in July 2017, which was around 10% above the average July 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was B.

50 CHAPEL RISE Sold Prices

Land registry data shows two sales for 50 CHAPEL RISE 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 50 CHAPEL RISE sales were for above 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
2017 31 JUL	£355,000	£324,118	10% above HPI
2013 31 MAY	£269,995	£246,848	9% above HPI

50 CHAPEL RISE 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 50 CHAPEL RISE sales from May 2013 and July 2017 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 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2017 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 50 CHAPEL RISE?

50 CHAPEL RISE is 120m² according to the EPC inspection conducted in March 2013. 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 50 CHAPEL RISE lies on this distribution: 55% of detached houses are smaller than 50 CHAPEL RISE, and 44% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

50 CHAPEL RISE: Plot and Title Map

50 CHAPEL RISE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 50 CHAPEL RISE, 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 50 CHAPEL RISE). 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 50 CHAPEL RISE?

50 CHAPEL RISE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 50 on CHAPEL RISE.