12, OAK WAY, SUTTON COLDFIELD, B76 2PG - £355,000

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

12 OAK WAY is a very small extended detached house of 87m², built sometime between 2003 and 2006. It was last sold for £355,000 in February 2020, which was around 1% below the average February 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

12 OAK WAY Sold Prices

Land registry data shows six sales for 12 OAK WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Most of the six 12 OAK 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 27 FEB	£355,000	£357,207	1% below HPI
2014 8 DEC	£275,000	£271,751	1% above HPI
2011 9 DEC	£236,500	£244,611	3% below HPI
2007 30 NOV	£240,000	£268,007	10% below HPI
2004 20 FEB	£197,000	£227,878	14% below HPI
2000 24 NOV	£143,000	£129,421	10% above HPI

12 OAK 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 six 12 OAK WAY sales between November 2000 and February 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 December 2014 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 12 OAK WAY?

12 OAK WAY is 87m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 12 OAK WAY lies on this distribution: 10% of detached houses are smaller than 12 OAK WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

12 OAK WAY: Plot and Title Map

12 OAK WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 12 OAK 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 12 OAK 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 12 OAK WAY?

12 OAK WAY is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 12 on OAK WAY.