18, COFTON LAKE ROAD, COFTON HACKETT, BIRMINGHAM, B45 8PL - £582,000

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.

18 COFTON LAKE ROAD is a large extended detached house of 135m², built sometime between 1950 and 1966, which could now be worth an estimated £823,553. It was last sold for £582,000 in May 2016, which was around 57% above the average May 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

18 COFTON LAKE ROAD Sold Prices

Land registry data shows two sales for 18 COFTON 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 Bromsgrove local authority area for the corresponding sale date. One of the two 18 COFTON LAKE ROAD sales was for above the average price, whilst the other was 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
2016 6 MAY	£582,000	£369,774	57% above HPI
2011 21 MAR	£270,000	£305,070	11% below HPI

18 COFTON LAKE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 18 COFTON LAKE ROAD sales from March 2011 and May 2016 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 March 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2016 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 18 COFTON LAKE ROAD be worth now?

18 COFTON LAKE ROAD might now be worth an estimated £823,553.

This is based on house price inflation of 41.5%, between May 2016 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.5% inflationary increase is applied to the most recent sale price for 18 COFTON LAKE ROAD of £582,000 on 6th May 2016. For the value to have increased from £582,000 to £823,553 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 18 COFTON LAKE ROAD has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The May 2016 sale price of £582,000 represented a fair market value for the property.
• The size, condition, and specification of 18 COFTON LAKE ROAD has not materially changed since May 2016.

How Large is 18 COFTON LAKE ROAD?

18 COFTON LAKE ROAD is 135m², which includes two extensions, according to the EPC inspection conducted in December 2010. This puts it in the largest 40% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 18 COFTON LAKE ROAD lies on this distribution: 68% of detached houses houses are smaller than 18 COFTON LAKE ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

18 COFTON LAKE ROAD: Plot and Title Map

18 COFTON LAKE ROAD sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 18 COFTON 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 18 COFTON 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 18 COFTON LAKE ROAD?

18 COFTON LAKE ROAD is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 18 on COFTON LAKE ROAD.