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
56 GEORGE ROAD is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £300,000 in July 2022, which was around 31% below the average July 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2017, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows two sales for 56 GEORGE ROAD since 1st 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 56 GEORGE ROAD sales were 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 29 JUL | £300,000 | £434,625 | 31% below HPI |
2019 2 JAN | £160,000 | £356,068 | 55% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 56 GEORGE ROAD sales from January 2019 and July 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 January 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
56 GEORGE ROAD is 74m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 56 GEORGE ROAD lies on this distribution: 4% of detached houses are smaller than 56 GEORGE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
56 GEORGE ROAD sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 56 GEORGE 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 56 GEORGE 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.
56 GEORGE ROAD is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 56 on GEORGE ROAD.