47, BISHOPS WAY, SUTTON COLDFIELD, B74 4XS - £500,000

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

47 BISHOPS WAY is a midsized extended detached house of 127m², built sometime between 1976 and 1982, which could now be worth an estimated £554,903. It was last sold for £500,000 in September 2021, which was around 28% above the average September 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

47 BISHOPS WAY Sold Prices

Land registry data shows four sales for 47 BISHOPS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 47 BISHOPS WAY 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
2021 29 SEP	£500,000	£389,989	28% above HPI
2011 7 DEC	£250,000	£239,892	4% above HPI
2004 29 APR	£249,950	£225,241	11% above HPI
1997 29 APR	£105,000	£92,967	13% above HPI

47 BISHOPS WAY 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 four 47 BISHOPS WAY sales between April 1997 and September 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 December 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 47 BISHOPS WAY be worth now?

47 BISHOPS WAY might now be worth an estimated £554,903.

This is based on house price inflation of 11%, between September 2021 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 11% inflationary increase is applied to the most recent sale price for 47 BISHOPS WAY of £500,000 on 29th September 2021. For the value to have increased from £500,000 to £554,903 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 47 BISHOPS WAY has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The September 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 47 BISHOPS WAY has not materially changed since September 2021.

How Large is 47 BISHOPS WAY?

47 BISHOPS WAY is 127m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 50% 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 47 BISHOPS WAY lies on this distribution: 49% of detached houses houses are smaller than 47 BISHOPS WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

47 BISHOPS WAY: Plot and Title Map

47 BISHOPS WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 47 BISHOPS 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 47 BISHOPS 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.

Where is 47 BISHOPS WAY?

47 BISHOPS WAY is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 47 on BISHOPS WAY.