8, AERO WAY, COFTON HACKETT, BIRMINGHAM, B45 8GT - £505,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 AERO WAY is a midsized detached house of 121m², built sometime from 2012 onwards, which could now be worth an estimated £520,938. It was last sold for £505,000 in June 2024, which was about the average June 2024 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

8 AERO WAY Sold Prices

Land registry data shows two sales for 8 AERO 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 Bromsgrove local authority area for the corresponding sale date. One of the two 8 AERO WAY sales was roughly equal to the average price, whilst the other was 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
2024 20 JUN	£505,000	£507,236	Close to HPI
2015 6 MAR	£314,995	£341,695	8% below HPI

8 AERO WAY 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 8 AERO WAY sales from March 2015 and June 2024 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 March 2015 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2024 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 AERO WAY be worth now?

8 AERO WAY might now be worth an estimated £520,938.

This is based on house price inflation of 3.2%, between June 2024 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.2% inflationary increase is applied to the most recent sale price for 8 AERO WAY of £505,000 on 20th June 2024. For the value to have increased from £505,000 to £520,938 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 8 AERO WAY has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The June 2024 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 8 AERO WAY has not materially changed since June 2024.

How Large is 8 AERO WAY?

8 AERO WAY is 121m² according to the EPC inspection conducted in January 2024. This puts it in the largest 50% 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 8 AERO WAY lies on this distribution: 56% of detached houses houses are smaller than 8 AERO WAY, and 43% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 AERO WAY: Plot and Title Map

8 AERO WAY sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 8 AERO 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 8 AERO 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 8 AERO WAY?

8 AERO WAY is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 8 on AERO WAY.