8, OAKLANDS, NORTHFIELD, BIRMINGHAM, B31 1FD - £218,000

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.

8 OAKLANDS is a very small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £306,596. It was last sold for £218,000 in April 2017, which was around 29% below the average April 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

8 OAKLANDS Sold Prices

Land registry data shows three sales for 8 OAKLANDS 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 8 OAKLANDS 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 4 APR	£218,000	£308,557	29% below HPI
2003 10 OCT	£149,000	£216,105	31% below HPI
2002 1 MAY	£109,500	£155,583	30% below HPI

8 OAKLANDS 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 8 OAKLANDS sales between May 2002 and April 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 October 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 OAKLANDS be worth now?

8 OAKLANDS might now be worth an estimated £306,596.

This is based on house price inflation of 40.6%, between April 2017 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 40.6% inflationary increase is applied to the most recent sale price for 8 OAKLANDS of £218,000 on 4th April 2017. For the value to have increased from £218,000 to £306,596 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 8 OAKLANDS has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The April 2017 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKLANDS has not materially changed since April 2017.

How Large is 8 OAKLANDS?

8 OAKLANDS is 77m² according to the EPC inspection conducted in February 2011. 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 8 OAKLANDS lies on this distribution: 10% of detached houses houses are smaller than 8 OAKLANDS, and 90% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 OAKLANDS: Plot and Title Map

8 OAKLANDS sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 8 OAKLANDS, 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 OAKLANDS). 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 OAKLANDS?

8 OAKLANDS is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 8 on OAKLANDS.