7, ASH WAY, BIRMINGHAM, B23 5DN - £207,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 ASH WAY is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £339,050. It was last sold for £207,000 in January 2015, which was around 22% below the average January 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

7 ASH WAY Sold Prices

Land registry data shows three sales for 7 ASH WAY 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 7 ASH WAY 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
2015 9 JAN	£207,000	£264,943	22% below HPI
2009 10 SEP	£175,000	£234,270	25% below HPI
1999 9 JUL	£71,000	£108,930	35% below HPI

7 ASH WAY 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 7 ASH WAY sales between July 1999 and January 2015 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 September 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 7 ASH WAY be worth now?

7 ASH WAY might now be worth an estimated £339,050.

This is based on house price inflation of 63.8%, between January 2015 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.8% inflationary increase is applied to the most recent sale price for 7 ASH WAY of £207,000 on 9th January 2015. For the value to have increased from £207,000 to £339,050 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 ASH WAY has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The January 2015 sale price of £207,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ASH WAY has not materially changed since January 2015.

How Large is 7 ASH WAY?

7 ASH WAY is 83m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 7 ASH WAY lies on this distribution: 14% of detached houses houses are smaller than 7 ASH WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 ASH WAY: Plot and Title Map

7 ASH WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 7 ASH WAY, 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 7 ASH WAY). 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 7 ASH WAY?

7 ASH WAY is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 7 on ASH WAY.