5, OAK WAY, SUTTON COLDFIELD, B76 2PG - £355,000

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 OAK WAY is a very small extended detached house of 88m², built sometime between 1996 and 2002. It was last sold for £355,000 in November 2019, which was about the average November 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

5 OAK WAY Sold Prices

Land registry data shows three sales for 5 OAK WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. The three 5 OAK WAY sales were a mix of roughly equal to the average price, and 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
2019 15 NOV	£355,000	£355,411	Close to HPI
2006 15 DEC	£228,000	£257,381	11% below HPI
2000 21 DEC	£78,000	£130,187	40% below HPI

5 OAK 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 three 5 OAK WAY sales between December 2000 and November 2019 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 OAK WAY?

5 OAK WAY is 88m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% 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 OAK WAY lies on this distribution: 11% of detached houses are smaller than 5 OAK WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

5 OAK WAY: Plot and Title Map

5 OAK WAY sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 5 OAK 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 5 OAK 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 5 OAK WAY?

5 OAK WAY is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 5 on OAK WAY.