8, COFTON LAKE ROAD, COFTON HACKETT, BIRMINGHAM, B45 8PL - £687,500

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

8 COFTON LAKE ROAD is a large extended detached house of 139m², built sometime between 1930 and 1949. It was last sold for £687,500 in July 2024, which was around 36% above the average July 2024 detached price in the Bromsgrove local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

8 COFTON LAKE ROAD Sold Prices

Land registry data shows two sales for 8 COFTON LAKE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 8 COFTON LAKE ROAD sales were 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
2024 4 JUL	£687,500	£503,984	36% above HPI
2017 17 AUG	£535,500	£407,615	31% above HPI

8 COFTON LAKE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 8 COFTON LAKE ROAD sales from August 2017 and July 2024 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 2017 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2024 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 8 COFTON LAKE ROAD?

8 COFTON LAKE ROAD is 139m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 8 COFTON LAKE ROAD lies on this distribution: 70% of detached houses are smaller than 8 COFTON LAKE ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 COFTON LAKE ROAD: Plot and Title Map

8 COFTON LAKE ROAD sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 8 COFTON 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 8 COFTON 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 8 COFTON LAKE ROAD?

8 COFTON LAKE ROAD is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 8 on COFTON LAKE ROAD.