CARTREF, GRACEWELL ROAD, BIRMINGHAM, B13 9XG - £700,000

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

CARTREF is a very large detached house of 277m², built sometime between 1983 and 1990, which could now be worth an estimated £1,265,765. It was last sold for £700,000 in May 2011, which was around 192% above the average May 2011 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

CARTREF Sold Prices

Land registry data shows two sales for CARTREF 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 CARTREF sales were for above 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
2011 16 MAY	£700,000	£239,356	192% above HPI
2000 24 NOV	£320,000	£126,924	152% above HPI

CARTREF 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 CARTREF sales from November 2000 and May 2011 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 November 2000 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the May 2011 sale, where it rises to 192% above the HPI. The line then continues to track at 192% above the HPI.

What might CARTREF be worth now?

CARTREF might now be worth an estimated £1,265,765.

This is based on house price inflation of 80.8%, between May 2011 and December 2024, 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 80.8% inflationary increase is applied to the most recent sale price for CARTREF of £700,000 on 16th May 2011. For the value to have increased from £700,000 to £1,265,765 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of CARTREF has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2011 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of CARTREF has not materially changed since May 2011.

How Large is CARTREF?

CARTREF is 277m² according to the EPC inspection conducted in February 2011. This puts it in the largest 10% 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 CARTREF lies on this distribution: 97% of detached houses houses are smaller than CARTREF, and 3% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

CARTREF: Plot and Title Map

CARTREF sits on a plot of roughly 0.410 of an acre, or 1,659m². The below map shows the location of CARTREF, 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 CARTREF). 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 CARTREF?

CARTREF is located on GRACEWELL ROAD in BIRMINGHAM, in the B13 postcode district. The below map shows the position of CARTREF on GRACEWELL ROAD.