Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
96 SOMERSET ROAD is a very small extended detached house of 77m², built sometime between 1900 and 1929. It was last sold for £170,000 in January 2024, which was around 61% below the average January 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 96 SOMERSET 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. All of the three 96 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 |
---|---|---|---|
2024 22 JAN | £170,000 | £434,371 | 61% below HPI |
2004 28 MAY | £26,500 | £231,539 | 89% below HPI |
1997 19 SEP | £43,750 | £100,096 | 56% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 96 SOMERSET ROAD sales between September 1997 and January 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 May 2004 sale was for 89% below the HPI. So the extrapolation line tracks at 89% below the HPI over time, until the January 2024 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.
96 SOMERSET ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 96 SOMERSET ROAD lies on this distribution: 9% of detached houses are smaller than 96 SOMERSET ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
96 SOMERSET ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 96 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 96 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.
96 SOMERSET ROAD is located in HANDSWORTH, in the B20 postcode district. The below map shows the position of No. 96 on SOMERSET ROAD.