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
27 NEWMARSH ROAD is a very small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £322,500 in October 2023, which was around 27% below the average October 2023 detached price in the Birmingham 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 three sales for 27 NEWMARSH ROAD since 1st 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 27 NEWMARSH 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 |
---|---|---|---|
2023 11 OCT | £322,500 | £441,669 | 27% below HPI |
2002 15 MAY | £125,000 | £158,644 | 21% below HPI |
1996 14 NOV | £82,000 | £92,270 | 11% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 27 NEWMARSH ROAD sales between November 1996 and October 2023 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 May 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
27 NEWMARSH ROAD is 86m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% 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 27 NEWMARSH ROAD lies on this distribution: 9% of detached houses are smaller than 27 NEWMARSH ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
27 NEWMARSH ROAD sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 27 NEWMARSH 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 27 NEWMARSH 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.
27 NEWMARSH ROAD is located in MINWORTH, in the B76 postcode district. The below map shows the position of No. 27 on NEWMARSH ROAD.