54, LATELOW ROAD, BIRMINGHAM, B33 8JY - £115,000

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

54 LATELOW ROAD is a small semi-detached house of 89m², built sometime between 1950 and 1966. It was last sold for £115,000 in February 2014, which was around 55% below the average February 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

54 LATELOW ROAD Sold Prices

Land registry data shows three sales for 54 LATELOW ROAD 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 54 LATELOW ROAD 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
2014 10 FEB	£115,000	£257,197	55% below HPI
2005 20 MAY	£105,000	£243,745	57% below HPI
2000 3 FEB	£41,950	£116,427	64% below HPI

54 LATELOW ROAD 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 54 LATELOW ROAD sales between February 2000 and February 2014 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 2005 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the February 2014 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 54 LATELOW ROAD?

54 LATELOW ROAD is 89m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 54 LATELOW ROAD lies on this distribution: 21% of detached houses are smaller than 54 LATELOW ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

54 LATELOW ROAD: Plot and Title Map

54 LATELOW ROAD sits on a plot of roughly 0.061 of an acre, or 249m². The below map shows the location of 54 LATELOW ROAD, 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 54 LATELOW ROAD). 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 54 LATELOW ROAD?

54 LATELOW ROAD is located in BIRMINGHAM, in the B33 postcode district. The below map shows the position of No. 54 on LATELOW ROAD.