Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
5 MILLS AVENUE is a midsized extended detached house of 123m², built sometime between 1983 and 1990. It was last sold for £495,000 in January 2020, which was around 38% above the average January 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 5 MILLS AVENUE since 1st 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 5 MILLS AVENUE 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 |
---|---|---|---|
2020 29 JAN | £495,000 | £357,523 | 38% above HPI |
2003 29 APR | £210,000 | £205,370 | 2% above HPI |
1998 23 DEC | £112,000 | £104,105 | 8% above HPI |
1995 25 AUG | £108,000 | £91,023 | 19% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 5 MILLS AVENUE sales between August 1995 and January 2020 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 April 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.
5 MILLS AVENUE is 123m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 5 MILLS AVENUE lies on this distribution: 46% of detached houses are smaller than 5 MILLS AVENUE, and 54% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
5 MILLS AVENUE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 5 MILLS AVENUE, 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 MILLS AVENUE). 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.
5 MILLS AVENUE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 5 on MILLS AVENUE.