16, SILVERMERE PARK WAY, BIRMINGHAM, B26 3GA - £285,000

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

16 SILVERMERE PARK WAY is a small detached house of 93m². It was last sold for £285,000 in February 2022, which was around 32% below the average February 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

16 SILVERMERE PARK WAY Sold Prices

Land registry data shows two sales for 16 SILVERMERE PARK WAY 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 16 SILVERMERE PARK 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
2022 11 FEB	£285,000	£420,699	32% below HPI
2014 24 OCT	£190,000	£271,447	30% below HPI

16 SILVERMERE PARK 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 two 16 SILVERMERE PARK WAY sales from October 2014 and February 2022 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 October 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 16 SILVERMERE PARK WAY?

16 SILVERMERE PARK WAY is 93m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 16 SILVERMERE PARK WAY lies on this distribution: 26% of detached houses are smaller than 16 SILVERMERE PARK WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

16 SILVERMERE PARK WAY: Plot and Title Map

16 SILVERMERE PARK WAY sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 16 SILVERMERE PARK 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 16 SILVERMERE PARK 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 16 SILVERMERE PARK WAY?

16 SILVERMERE PARK WAY is located in BIRMINGHAM, in the B26 postcode district. The below map shows the position of No. 16 on SILVERMERE PARK WAY.