Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
15 MOORFIELD AVENUE is a very small extended detached house of 89m², built sometime between 1983 and 1990. It was last sold for £501,500 in September 2023, which was around 16% below the average September 2023 detached price in the Solihull local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 15 MOORFIELD AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the four 15 MOORFIELD AVENUE 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 |
---|---|---|---|
2023 22 SEP | £501,500 | £594,305 | 16% below HPI |
2021 12 APR | £458,000 | £529,816 | 14% below HPI |
2003 1 MAY | £227,500 | £279,208 | 19% below HPI |
1995 24 NOV | £103,500 | £120,432 | 14% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The four 15 MOORFIELD AVENUE sales between November 1995 and September 2023 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 April 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
15 MOORFIELD AVENUE is 89m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of detached houses in Bentley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Bentley Heath, and where 15 MOORFIELD AVENUE lies on this distribution: 13% of detached houses are smaller than 15 MOORFIELD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bentley Heath.
15 MOORFIELD AVENUE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 15 MOORFIELD AVENUE, 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 15 MOORFIELD AVENUE). 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.
15 MOORFIELD AVENUE is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 15 on MOORFIELD AVENUE.