68, SOVEREIGN WAY, MOSELEY, BIRMINGHAM, B13 8AT - £343,500

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.

68 SOVEREIGN WAY is a midsized detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £429,754. It was last sold for £343,500 in March 2020, which was around 1% below the average March 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

68 SOVEREIGN WAY Sold Prices

Land registry data shows two sales for 68 SOVEREIGN WAY since 1^st 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. One of the two 68 SOVEREIGN WAY sales was for below the average price, whilst the other was for 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
2020 12 MAR	£343,500	£346,859	1% below HPI
2014 22 AUG	£274,000	£263,888	4% above HPI

68 SOVEREIGN 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 two 68 SOVEREIGN WAY sales from August 2014 and March 2020 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 August 2014 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 68 SOVEREIGN WAY be worth now?

68 SOVEREIGN WAY might now be worth an estimated £429,754.

This is based on house price inflation of 25.1%, between March 2020 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.1% inflationary increase is applied to the most recent sale price for 68 SOVEREIGN WAY of £343,500 on 12th March 2020. For the value to have increased from £343,500 to £429,754 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 68 SOVEREIGN WAY has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2020 sale price of £343,500 represented a fair market value for the property.
• The size, condition, and specification of 68 SOVEREIGN WAY has not materially changed since March 2020.

How Large is 68 SOVEREIGN WAY?

68 SOVEREIGN WAY is 118m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 68 SOVEREIGN WAY lies on this distribution: 53% of detached houses houses are smaller than 68 SOVEREIGN WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

68 SOVEREIGN WAY: Plot and Title Map

68 SOVEREIGN WAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 68 SOVEREIGN 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 68 SOVEREIGN 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 68 SOVEREIGN WAY?

68 SOVEREIGN WAY is located in MOSELEY, in the B13 postcode district. The below map shows the position of No. 68 on SOVEREIGN WAY.