4, RICHMOND DRIVE, SUTTON COLDFIELD, B75 7NU - £507,000

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 RICHMOND DRIVE is a midsized detached house of 137m², built sometime between 2003 and 2006. It was last sold for £507,000 in August 2023, which was around 15% above the average August 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

4 RICHMOND DRIVE Sold Prices

Land registry data shows two sales for 4 RICHMOND 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. Both of the two 4 RICHMOND DRIVE 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
2023 14 AUG	£507,000	£441,897	15% above HPI
2004 15 MAR	£320,000	£227,695	41% above HPI

4 RICHMOND 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 RICHMOND DRIVE sales from March 2004 and August 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 March 2004 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the August 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 4 RICHMOND DRIVE?

4 RICHMOND DRIVE is 137m² according to the EPC inspection conducted in September 2020. This puts it in the largest 50% 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 4 RICHMOND DRIVE lies on this distribution: 59% of detached houses are smaller than 4 RICHMOND DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

4 RICHMOND DRIVE: Plot and Title Map

4 RICHMOND DRIVE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 4 RICHMOND 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 RICHMOND 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 RICHMOND DRIVE?

4 RICHMOND DRIVE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 4 on RICHMOND DRIVE.