2, PRESTON AVENUE, SUTTON COLDFIELD, B76 1HS - £365,000

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

2 PRESTON AVENUE is a small detached house of 115m², built sometime between 1983 and 1990. It was last sold for £365,000 in July 2016, which was around 21% above the average July 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 PRESTON AVENUE Sold Prices

Land registry data shows two sales for 2 PRESTON AVENUE 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 2 PRESTON AVENUE 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
2016 29 JUL	£365,000	£302,733	21% above HPI
2002 26 JUL	£236,500	£168,879	40% above HPI

2 PRESTON AVENUE 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 2 PRESTON AVENUE sales from July 2002 and July 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 July 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2016 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 PRESTON AVENUE?

2 PRESTON AVENUE is 115m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 2 PRESTON AVENUE lies on this distribution: 37% of detached houses are smaller than 2 PRESTON AVENUE, and 62% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

2 PRESTON AVENUE: Plot and Title Map

2 PRESTON AVENUE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 PRESTON AVENUE, 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 2 PRESTON AVENUE). 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 2 PRESTON AVENUE?

2 PRESTON AVENUE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 2 on PRESTON AVENUE.