71, SOMERSET ROAD, HANDSWORTH, BIRMINGHAM, B20 2JF - £295,000

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

71 SOMERSET ROAD is a midsized extended detached house of 123m², built sometime between 1900 and 1929. It was last sold for £295,000 in September 2020, which was around 20% below the average September 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

71 SOMERSET ROAD Sold Prices

Land registry data shows three sales for 71 SOMERSET 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. All of the three 71 SOMERSET 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
2020 8 SEP	£295,000	£370,243	20% below HPI
2016 9 SEP	£255,000	£308,574	17% below HPI
2006 4 APR	£200,000	£246,339	19% below HPI

71 SOMERSET 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 71 SOMERSET ROAD sales between April 2006 and September 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 September 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 71 SOMERSET ROAD?

71 SOMERSET ROAD is 123m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 71 SOMERSET ROAD lies on this distribution: 58% of detached houses are smaller than 71 SOMERSET ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

71 SOMERSET ROAD: Plot and Title Map

71 SOMERSET ROAD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 71 SOMERSET 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 71 SOMERSET 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 71 SOMERSET ROAD?

71 SOMERSET ROAD is located in HANDSWORTH, in the B20 postcode district. The below map shows the position of No. 71 on SOMERSET ROAD.