2, REDACRE ROAD, SUTTON COLDFIELD, B73 5DX - £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 REDACRE ROAD is a very small detached house of 89m², built sometime between 1930 and 1949. It was last sold for £365,000 in February 2022, which was around 13% below the average February 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

2 REDACRE ROAD Sold Prices

Land registry data shows three sales for 2 REDACRE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 2 REDACRE 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
2022 18 FEB	£365,000	£420,699	13% below HPI
2013 25 NOV	£210,000	£257,710	19% below HPI
2006 26 MAY	£209,000	£248,258	16% below HPI

2 REDACRE 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 three 2 REDACRE ROAD sales between May 2006 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 November 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 REDACRE ROAD?

2 REDACRE ROAD is 89m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 20% 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 REDACRE ROAD lies on this distribution: 11% of detached houses are smaller than 2 REDACRE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

2 REDACRE ROAD: Plot and Title Map

2 REDACRE ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 REDACRE 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 2 REDACRE 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 2 REDACRE ROAD?

2 REDACRE ROAD is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 2 on REDACRE ROAD.