5, GROUNDS ROAD, SUTTON COLDFIELD, B74 4SE - £520,000

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

5 GROUNDS ROAD is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £520,000 in February 2023, which was around 14% above the average February 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

5 GROUNDS ROAD Sold Prices

Land registry data shows two sales for 5 GROUNDS ROAD 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 5 GROUNDS ROAD 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 10 FEB	£520,000	£454,540	14% above HPI
1995 19 JUL	£119,950	£90,762	32% above HPI

5 GROUNDS ROAD 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 5 GROUNDS ROAD sales from July 1995 and February 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 July 1995 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2023 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 5 GROUNDS ROAD?

5 GROUNDS ROAD is 85m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% 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 5 GROUNDS ROAD lies on this distribution: 9% of detached houses are smaller than 5 GROUNDS ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

5 GROUNDS ROAD: Plot and Title Map

5 GROUNDS ROAD sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 5 GROUNDS 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 5 GROUNDS 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 5 GROUNDS ROAD?

5 GROUNDS ROAD is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 5 on GROUNDS ROAD.