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 WAYFIELD ROAD is a small detached house of 113m², built sometime between 1976 and 1982. It was last sold for £420,000 in October 2018, which was around 12% below the average October 2018 detached price in the Solihull local authority area. The most recent EPC inspection was August 2018, where the current energy rating was F, and the potential energy rating was E.
Land registry data shows two sales for 2 WAYFIELD 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 2 WAYFIELD 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 |
---|---|---|---|
2018 16 OCT | £420,000 | £478,347 | 12% below HPI |
2002 25 JAN | £169,950 | £217,797 | 22% 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 2 WAYFIELD ROAD sales from January 2002 and October 2018 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 January 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 WAYFIELD ROAD is 113m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 2 WAYFIELD ROAD lies on this distribution: 33% of detached houses are smaller than 2 WAYFIELD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Solihull.
2 WAYFIELD ROAD sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of 2 WAYFIELD 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 WAYFIELD 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.
2 WAYFIELD ROAD is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 2 on WAYFIELD ROAD.