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
1A WELFORD ROAD is a very small detached house of 66m², built sometime between 1996 and 2002. It was last sold for £295,000 in July 2024, which was around 51% below the average July 2024 detached price in the Solihull local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1A WELFORD ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two 1A WELFORD ROAD 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 |
---|---|---|---|
2024 12 JUL | £295,000 | £598,382 | 51% below HPI |
2002 15 APR | £148,000 | £223,798 | 34% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 1A WELFORD ROAD sales from April 2002 and July 2024 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 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2024 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.
1A WELFORD ROAD is 66m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 1A WELFORD ROAD lies on this distribution: 2% of detached houses are smaller than 1A WELFORD ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Solihull.
1A WELFORD ROAD sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 1A WELFORD 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 1A WELFORD 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.
1A WELFORD ROAD is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 1A on WELFORD ROAD.