24, OAK WAY, SUTTON COLDFIELD, B76 2PG - £545,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

24 OAK WAY is a large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £545,000 in January 2021, which was around 43% above the average January 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

24 OAK WAY Sold Prices

Land registry data shows three sales for 24 OAK WAY 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 24 OAK WAY 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 27 JAN	£545,000	£380,764	43% above HPI
2004 9 JAN	£339,950	£227,582	49% above HPI
2001 9 MAR	£245,000	£134,196	83% above HPI

24 OAK WAY 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 24 OAK WAY sales between March 2001 and January 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 January 2004 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the January 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 24 OAK WAY?

24 OAK WAY is 169m², which includes three extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 30% 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 24 OAK WAY lies on this distribution: 77% of detached houses are smaller than 24 OAK WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

24 OAK WAY: Plot and Title Map

24 OAK WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 24 OAK WAY, 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 24 OAK WAY). 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 24 OAK WAY?

24 OAK WAY is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 24 on OAK WAY.