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
4 HERTFORD WAY is a very small detached house of 69m², built sometime between 1991 and 1995. It was last sold for £365,000 in February 2021, which was around 30% below the average February 2021 detached price in the Solihull local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 4 HERTFORD WAY since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the five 4 HERTFORD WAY 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 |
---|---|---|---|
2021 3 FEB | £365,000 | £518,285 | 30% below HPI |
2009 16 OCT | £250,000 | £330,036 | 24% below HPI |
2003 19 DEC | £215,000 | £294,358 | 27% below HPI |
2000 15 MAY | £130,000 | £183,402 | 29% below HPI |
1995 27 JAN | £86,500 | £121,688 | 29% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The five 4 HERTFORD WAY sales between January 1995 and February 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 October 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
4 HERTFORD WAY is 69m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses by size in Knowle, and where 4 HERTFORD WAY lies on this distribution: 2% of detached houses are smaller than 4 HERTFORD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Knowle.
4 HERTFORD WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 4 HERTFORD 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 4 HERTFORD 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.
4 HERTFORD WAY is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 4 on HERTFORD WAY.