18, HERMITAGE ROAD, EDGBASTON, BIRMINGHAM, B15 3UR - £1,085,000

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 HERMITAGE ROAD is a very large extended detached house of 288m², built sometime between 1930 and 1949, which could now be worth an estimated £1,248,958. It was last sold for £1,085,000 in February 2021, which was around 188% above the average February 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

18 HERMITAGE ROAD Sold Prices

Land registry data shows two sales for 18 HERMITAGE 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 18 HERMITAGE 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
2021 4 FEB	£1,085,000	£376,988	188% above HPI
2006 29 SEP	£825,000	£250,137	230% above HPI

18 HERMITAGE 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 18 HERMITAGE ROAD sales from September 2006 and February 2021 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 September 2006 sale was for 230% above the HPI. So the extrapolation line tracks at 230% above the HPI over time, until the February 2021 sale, where it falls to 188% above the HPI. The line then continues to track at 188% above the HPI.

What might 18 HERMITAGE ROAD be worth now?

18 HERMITAGE ROAD might now be worth an estimated £1,248,958.

This is based on house price inflation of 15.1%, between February 2021 and February 2025, 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 15.1% inflationary increase is applied to the most recent sale price for 18 HERMITAGE ROAD of £1,085,000 on 4th February 2021. For the value to have increased from £1,085,000 to £1,248,958 over the four years to February 2025, the following assumptions must hold true:

• The value of 18 HERMITAGE ROAD has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The February 2021 sale price of £1,085,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HERMITAGE ROAD has not materially changed since February 2021.

How Large is 18 HERMITAGE ROAD?

18 HERMITAGE ROAD is 288m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 10% 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 HERMITAGE ROAD lies on this distribution: 97% of detached houses houses are smaller than 18 HERMITAGE ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

18 HERMITAGE ROAD: Plot and Title Map

18 HERMITAGE ROAD sits on a plot of roughly 0.273 of an acre, or 1,105m². The below map shows the location of 18 HERMITAGE 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 HERMITAGE 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 HERMITAGE ROAD?

18 HERMITAGE ROAD is located in EDGBASTON, in the B15 postcode district. The below map shows the position of No. 18 on HERMITAGE ROAD.