6, REA AVENUE, RUBERY, BIRMINGHAM, B45 9SS - £246,000

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

6 REA AVENUE is a small extended detached house of 103m², built sometime between 1950 and 1966. It was last sold for £246,000 in December 2017, which was around 39% below the average December 2017 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

6 REA AVENUE Sold Prices

Land registry data shows two sales for 6 REA AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 6 REA AVENUE 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
2017 15 DEC	£246,000	£405,689	39% below HPI
2002 6 DEC	£132,500	£217,812	39% below HPI

6 REA AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 6 REA AVENUE sales from December 2002 and December 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 December 2002 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2017 sale, which was also at 39% below the HPI.

How Large is 6 REA AVENUE?

6 REA AVENUE is 103m², which includes two extensions, according to the EPC inspection conducted in September 2017. 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 6 REA AVENUE lies on this distribution: 36% of detached houses are smaller than 6 REA AVENUE, and 63% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

6 REA AVENUE: Plot and Title Map

6 REA AVENUE sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 6 REA AVENUE, 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 6 REA AVENUE). 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 6 REA AVENUE?

6 REA AVENUE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 6 on REA AVENUE.