WOODFIELD, BIRMINGHAM ROAD, ALVECHURCH, BIRMINGHAM, B48 7TE - £520,000

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

WOODFIELD is a very small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £520,000 in November 2021, which was around 10% above the average November 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

WOODFIELD Sold Prices

Land registry data shows two sales for WOODFIELD 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 WOODFIELD sales was for above 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
2021 22 NOV	£520,000	£474,536	10% above HPI
2013 8 NOV	£290,000	£311,024	7% below HPI

WOODFIELD 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 WOODFIELD sales from November 2013 and November 2021 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 2013 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is WOODFIELD?

WOODFIELD is 93m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Alvechurch, based on EPC data. The below chart shows the distribution of detached houses by size in Alvechurch, and where WOODFIELD lies on this distribution: 20% of detached houses are smaller than WOODFIELD, and 79% of houses are larger. Note that EPC data is not available for all properties in Alvechurch.

WOODFIELD: Plot and Title Map

WOODFIELD sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of WOODFIELD, 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 WOODFIELD). 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 WOODFIELD?

WOODFIELD is located on BIRMINGHAM ROAD in ALVECHURCH, in the B48 postcode district. The below map shows the position of WOODFIELD on BIRMINGHAM ROAD.