70, ELECTRIC WAY, BIRMINGHAM, B11 3NJ - £315,000

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

70 ELECTRIC WAY is a midsized detached house of 109m². It was last sold for £315,000 in November 2020, which was around 16% below the average November 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2018, where the current energy rating was B, and the potential energy rating was A.

70 ELECTRIC WAY Sold Prices

Land registry data shows two sales for 70 ELECTRIC WAY 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 70 ELECTRIC 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
2020 12 NOV	£315,000	£373,063	16% below HPI
2018 29 JUN	£295,000	£339,652	13% below HPI

70 ELECTRIC 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 two 70 ELECTRIC WAY sales from June 2018 and November 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 June 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 70 ELECTRIC WAY?

70 ELECTRIC WAY is 109m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 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 70 ELECTRIC WAY lies on this distribution: 42% of detached houses are smaller than 70 ELECTRIC WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

70 ELECTRIC WAY: Plot and Title Map

70 ELECTRIC WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 70 ELECTRIC 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 70 ELECTRIC 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 70 ELECTRIC WAY?

70 ELECTRIC WAY is located in BIRMINGHAM, in the B11 postcode district. The below map shows the position of No. 70 on ELECTRIC WAY.