38, GROUNDS ROAD, SUTTON COLDFIELD, B74 4SE - £89,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 GROUNDS ROAD is a very small semi-detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £422,683. It was last sold for £89,500 in October 1998, which was around 57% above the average October 1998 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

38 GROUNDS ROAD Sold Prices

Land registry data shows two sales for 38 GROUNDS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 38 GROUNDS ROAD 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
1998 16 OCT	£89,500	£56,937	57% above HPI
1996 7 OCT	£84,000	£51,001	65% above HPI

38 GROUNDS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 38 GROUNDS ROAD sales from October 1996 and October 1998 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 October 1996 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the October 1998 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 38 GROUNDS ROAD be worth now?

38 GROUNDS ROAD might now be worth an estimated £422,683.

This is based on house price inflation of 372.3%, between October 1998 and December 2024, for semi-detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 372.3% inflationary increase is applied to the most recent sale price for 38 GROUNDS ROAD of £89,500 on 16th October 1998. For the value to have increased from £89,500 to £422,683 over the 25 years and ten months to December 2024, the following assumptions must hold true:

• The value of 38 GROUNDS ROAD has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The October 1998 sale price of £89,500 represented a fair market value for the property.
• The size, condition, and specification of 38 GROUNDS ROAD has not materially changed since October 1998.

How Large is 38 GROUNDS ROAD?

38 GROUNDS ROAD is 66m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 10% of semi-detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Sutton Coldfield, and where 38 GROUNDS ROAD lies on this distribution: 1% of semi-detached houses houses are smaller than 38 GROUNDS ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

38 GROUNDS ROAD: Plot and Title Map

38 GROUNDS ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 38 GROUNDS 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 38 GROUNDS 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 38 GROUNDS ROAD?

38 GROUNDS ROAD is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 38 on GROUNDS ROAD.