6, PENNS LAKE ROAD, SUTTON COLDFIELD, B76 1LN - £616,000

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

6 PENNS LAKE ROAD is a large extended detached house of 169m², built sometime between 1950 and 1966. It was last sold for £616,000 in September 2023, which was around 38% above the average September 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

6 PENNS LAKE ROAD Sold Prices

Land registry data shows three sales for 6 PENNS LAKE ROAD 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. Two of the three 6 PENNS LAKE ROAD 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
2023 29 SEP	£616,000	£444,814	38% above HPI
2015 6 FEB	£402,000	£269,863	49% above HPI
2014 21 FEB	£220,000	£257,197	14% below HPI

6 PENNS LAKE ROAD 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 6 PENNS LAKE ROAD sales between February 2014 and September 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 February 2015 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2023 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 6 PENNS LAKE ROAD?

6 PENNS LAKE ROAD is 169m², which includes four extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% 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 6 PENNS LAKE ROAD lies on this distribution: 77% of detached houses are smaller than 6 PENNS LAKE ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

6 PENNS LAKE ROAD: Plot and Title Map

6 PENNS LAKE ROAD sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 6 PENNS LAKE 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 6 PENNS LAKE 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.

Where is 6 PENNS LAKE ROAD?

6 PENNS LAKE ROAD is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 6 on PENNS LAKE ROAD.