5, RIVEN RISE, BIRMINGHAM, B43 7AW - £340,000

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.

5 RIVEN RISE is a midsized detached house of 89m², which could now be worth an estimated £363,705. It was last sold for £340,000 in May 2022, which was around 7% above the average May 2022 detached price in the Walsall local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was A.

5 RIVEN RISE Sold Prices

Land registry data shows four sales for 5 RIVEN RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Walsall local authority area for the corresponding sale date. Two of the four 5 RIVEN RISE sales were for above the average price, whilst one was 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
2022 6 MAY	£340,000	£318,647	7% above HPI
2022 24 FEB	£235,000	£310,918	24% below HPI
2016 2 DEC	£237,500	£238,239	Close to HPI
2015 20 FEB	£235,000	£209,247	12% above HPI

5 RIVEN RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The four 5 RIVEN RISE sales between February 2015 and May 2022 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 February 2022 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 RIVEN RISE be worth now?

5 RIVEN RISE might now be worth an estimated £363,705.

This is based on house price inflation of 7%, between May 2022 and February 2025, for detached houses, in the Walsall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 5 RIVEN RISE of £340,000 on 6th May 2022. For the value to have increased from £340,000 to £363,705 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 RIVEN RISE has moved in line with the HPI for detached houses in the Walsall local authority area.
• The May 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIVEN RISE has not materially changed since May 2022.

How Large is 5 RIVEN RISE?

5 RIVEN RISE is 89m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 50% of detached houses houses in Pheasey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pheasey, and where 5 RIVEN RISE lies on this distribution: 40% of detached houses houses are smaller than 5 RIVEN RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Pheasey.

5 RIVEN RISE: Plot and Title Map

5 RIVEN RISE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 5 RIVEN RISE, 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 RIVEN RISE). 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 RIVEN RISE?

5 RIVEN RISE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 5 on RIVEN RISE.