56, OLD FARM ROAD, BIRMINGHAM, B33 9HJ - £205,000

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

56 OLD FARM ROAD is a small extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £205,000 in July 2020, which was around 44% below the average July 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

56 OLD FARM ROAD Sold Prices

Land registry data shows two sales for 56 OLD FARM ROAD 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 56 OLD FARM 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
2020 14 JUL	£205,000	£365,908	44% below HPI
1997 11 AUG	£50,500	£99,029	49% below HPI

56 OLD FARM 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 two 56 OLD FARM ROAD sales from August 1997 and July 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 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2020 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 56 OLD FARM ROAD?

56 OLD FARM ROAD is 102m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 56 OLD FARM ROAD lies on this distribution: 35% of detached houses are smaller than 56 OLD FARM ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

56 OLD FARM ROAD: Plot and Title Map

56 OLD FARM ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 56 OLD FARM 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 56 OLD FARM 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 56 OLD FARM ROAD?

56 OLD FARM ROAD is located in BIRMINGHAM, in the B33 postcode district. The below map shows the position of No. 56 on OLD FARM ROAD.