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
59 REDACRE ROAD is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £320,000 in August 2023, which was around 28% below the average August 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 59 REDACRE ROAD since 1st 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 59 REDACRE ROAD sales were a mix of below the average price, roughly equal to the average price, and 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 AUG | £320,000 | £441,726 | 28% below HPI |
2005 30 SEP | £250,000 | £248,848 | Close to HPI |
1999 27 APR | £130,000 | £105,814 | 23% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 59 REDACRE ROAD sales between April 1999 and August 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 September 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
59 REDACRE ROAD is 139m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% 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 59 REDACRE ROAD lies on this distribution: 60% of detached houses are smaller than 59 REDACRE ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
59 REDACRE ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 59 REDACRE 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 59 REDACRE 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.
59 REDACRE ROAD is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 59 on REDACRE ROAD.