NETHERWOOD, CHESSETTS WOOD ROAD, LAPWORTH, SOLIHULL, B94 6EP - £1,500,000

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.

NETHERWOOD is a very large extended detached house of 723m², built sometime between 1900 and 1929, which could now be worth an estimated £3,154,443. It was last sold for £1,500,000 in June 2004, which was around 392% above the average June 2004 detached price in the Warwick local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was D.

NETHERWOOD Sold Prices

Land registry data shows two sales for NETHERWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. Both of the two NETHERWOOD 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
2004 4 JUN	£1,500,000	£305,015	392% above HPI
2001 18 DEC	£810,000	£216,257	275% above HPI

NETHERWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The two NETHERWOOD sales from December 2001 and June 2004 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 December 2001 sale was for 275% above the HPI. So the extrapolation line tracks at 275% above the HPI over time, until the June 2004 sale, where it rises to 392% above the HPI. The line then continues to track at 392% above the HPI.

What might NETHERWOOD be worth now?

NETHERWOOD might now be worth an estimated £3,154,443.

This is based on house price inflation of 110.3%, between June 2004 and February 2025, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 110.3% inflationary increase is applied to the most recent sale price for NETHERWOOD of £1,500,000 on 4th June 2004. For the value to have increased from £1,500,000 to £3,154,443 over the 21 years and four months to February 2025, the following assumptions must hold true:

• The value of NETHERWOOD has moved in line with the HPI for detached houses in the Warwick local authority area.
• The June 2004 sale price of £1,500,000 represented a fair market value for the property.
• The size, condition, and specification of NETHERWOOD has not materially changed since June 2004.

How Large is NETHERWOOD?

NETHERWOOD is 723m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where NETHERWOOD lies on this distribution: 99% of detached houses houses are smaller than NETHERWOOD, and 1% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

NETHERWOOD: Plot and Title Map

NETHERWOOD sits on a plot of roughly 5.9 acres, or 23,900m². The below map shows the location of NETHERWOOD, 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 NETHERWOOD). 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 NETHERWOOD?

NETHERWOOD is located on CHESSETTS WOOD ROAD in LAPWORTH, in the B94 postcode district. The below map shows the position of NETHERWOOD on CHESSETTS WOOD ROAD.