15, RED HOUSE PARK ROAD, BIRMINGHAM, B43 6ND - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 RED HOUSE PARK ROAD is a small extended detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £354,243. It was last sold for £195,000 in January 2015, which was around 12% above the average January 2015 detached price in the Sandwell local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

15 RED HOUSE PARK ROAD Sold Prices

Land registry data shows four sales for 15 RED HOUSE PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. All of the four 15 RED HOUSE PARK 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
2015 30 JAN	£195,000	£173,977	12% above HPI
2004 6 FEB	£173,000	£144,717	20% above HPI
2001 7 DEC	£119,000	£91,247	30% above HPI
2000 31 MAR	£89,950	£76,522	18% above HPI

15 RED HOUSE PARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 15 RED HOUSE PARK ROAD sales between March 2000 and January 2015 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 February 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the January 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 15 RED HOUSE PARK ROAD be worth now?

15 RED HOUSE PARK ROAD might now be worth an estimated £354,243.

This is based on house price inflation of 81.7%, between January 2015 and February 2025, for detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.7% inflationary increase is applied to the most recent sale price for 15 RED HOUSE PARK ROAD of £195,000 on 30th January 2015. For the value to have increased from £195,000 to £354,243 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 RED HOUSE PARK ROAD has moved in line with the HPI for detached houses in the Sandwell local authority area.
• The January 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RED HOUSE PARK ROAD has not materially changed since January 2015.

How Large is 15 RED HOUSE PARK ROAD?

15 RED HOUSE PARK ROAD is 85m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% of detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Bromwich, and where 15 RED HOUSE PARK ROAD lies on this distribution: 21% of detached houses houses are smaller than 15 RED HOUSE PARK ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

15 RED HOUSE PARK ROAD: Plot and Title Map

15 RED HOUSE PARK ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 15 RED HOUSE PARK 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 15 RED HOUSE PARK 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 15 RED HOUSE PARK ROAD?

15 RED HOUSE PARK ROAD is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 15 on RED HOUSE PARK ROAD.