4, PENNS WOOD DRIVE, SUTTON COLDFIELD, B76 1HZ - £383,000

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

4 PENNS WOOD DRIVE is a small extended detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £394,304. It was last sold for £383,000 in March 2022, which was around 9% below the average March 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

4 PENNS WOOD DRIVE Sold Prices

Land registry data shows two sales for 4 PENNS WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. One of the two 4 PENNS WOOD DRIVE sales was for below the average price, whilst the other was 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
2022 28 MAR	£383,000	£420,404	9% below HPI
1995 10 FEB	£110,000	£86,660	27% above HPI

4 PENNS WOOD DRIVE 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 two 4 PENNS WOOD DRIVE sales from February 1995 and March 2022 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 February 1995 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 PENNS WOOD DRIVE be worth now?

4 PENNS WOOD DRIVE might now be worth an estimated £394,304.

This is based on house price inflation of 3%, between March 2022 and December 2024, for 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 3% inflationary increase is applied to the most recent sale price for 4 PENNS WOOD DRIVE of £383,000 on 28th March 2022. For the value to have increased from £383,000 to £394,304 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 4 PENNS WOOD DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2022 sale price of £383,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PENNS WOOD DRIVE has not materially changed since March 2022.

How Large is 4 PENNS WOOD DRIVE?

4 PENNS WOOD DRIVE is 108m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 4 PENNS WOOD DRIVE lies on this distribution: 29% of detached houses houses are smaller than 4 PENNS WOOD DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

4 PENNS WOOD DRIVE: Plot and Title Map

4 PENNS WOOD DRIVE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 4 PENNS WOOD DRIVE, 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 PENNS WOOD DRIVE). 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 4 PENNS WOOD DRIVE?

4 PENNS WOOD DRIVE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 4 on PENNS WOOD DRIVE.