14, PENNS LAKE ROAD, SUTTON COLDFIELD, B76 1LN - £279,950

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

14 PENNS LAKE ROAD is a midsized detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £489,814. It was last sold for £279,950 in August 2006, which was around 13% above the average August 2006 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

14 PENNS LAKE ROAD Sold Prices

Land registry data shows two sales for 14 PENNS LAKE ROAD 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 14 PENNS LAKE ROAD 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
2006 25 AUG	£279,950	£247,371	13% above HPI
2003 15 MAY	£220,000	£203,255	8% above HPI

14 PENNS LAKE ROAD 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 14 PENNS LAKE ROAD sales from May 2003 and August 2006 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 May 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2006 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 14 PENNS LAKE ROAD be worth now?

14 PENNS LAKE ROAD might now be worth an estimated £489,814.

This is based on house price inflation of 75%, between August 2006 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 75% inflationary increase is applied to the most recent sale price for 14 PENNS LAKE ROAD of £279,950 on 25th August 2006. For the value to have increased from £279,950 to £489,814 over the seventeen years and eight months to December 2024, the following assumptions must hold true:

• The value of 14 PENNS LAKE ROAD has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The August 2006 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 14 PENNS LAKE ROAD has not materially changed since August 2006.

How Large is 14 PENNS LAKE ROAD?

14 PENNS LAKE ROAD is 122m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 14 PENNS LAKE ROAD lies on this distribution: 44% of detached houses houses are smaller than 14 PENNS LAKE ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

14 PENNS LAKE ROAD: Plot and Title Map

14 PENNS LAKE ROAD sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 14 PENNS LAKE ROAD, 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 14 PENNS LAKE ROAD). 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 14 PENNS LAKE ROAD?

14 PENNS LAKE ROAD is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 14 on PENNS LAKE ROAD.