42, PARKFIELD ROAD, COLESHILL, BIRMINGHAM, B46 3LE - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 PARKFIELD ROAD is a very small detached house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £422,306. It was last sold for £365,000 in December 2018, which was around 5% above the average December 2018 detached price in the North Warwickshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

42 PARKFIELD ROAD Sold Prices

Land registry data shows six sales for 42 PARKFIELD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Warwickshire local authority area for the corresponding sale date. three of the six 42 PARKFIELD ROAD sales were for above the average price, and six 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
2018 14 DEC	£365,000	£347,807	5% above HPI
2017 1 MAR	£420,000	£305,879	37% above HPI
2015 31 JUL	£275,000	£278,135	1% below HPI
2004 22 APR	£220,000	£221,462	1% below HPI
1997 12 SEP	£110,000	£102,110	8% above HPI
1997 26 JUL	£90,000	£98,427	9% below HPI

42 PARKFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The six 42 PARKFIELD ROAD sales between July 1997 and December 2018 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 2017 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 42 PARKFIELD ROAD be worth now?

42 PARKFIELD ROAD might now be worth an estimated £422,306.

This is based on house price inflation of 15.7%, between December 2018 and February 2025, for detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 42 PARKFIELD ROAD of £365,000 on 14th December 2018. For the value to have increased from £365,000 to £422,306 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 42 PARKFIELD ROAD has moved in line with the HPI for detached houses in the North Warwickshire local authority area.
• The December 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 42 PARKFIELD ROAD has not materially changed since December 2018.

How Large is 42 PARKFIELD ROAD?

42 PARKFIELD ROAD is 78m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% of detached houses houses in Coleshill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Coleshill, and where 42 PARKFIELD ROAD lies on this distribution: 11% of detached houses houses are smaller than 42 PARKFIELD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Coleshill.

42 PARKFIELD ROAD: Plot and Title Map

42 PARKFIELD ROAD sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 42 PARKFIELD 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 42 PARKFIELD 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 42 PARKFIELD ROAD?

42 PARKFIELD ROAD is located in COLESHILL, in the B46 postcode district. The below map shows the position of No. 42 on PARKFIELD ROAD.