RED ROOFS, ROMAN ROAD, SUTTON COLDFIELD, B74 3AQ - £1,850,000

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.

RED ROOFS is a very large extended detached house of 379m², built sometime between 1967 and 1975, which could now be worth an estimated £2,858,593. It was last sold for £1,850,000 in May 2015, which was around 461% above the average May 2015 detached price in the Lichfield local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

RED ROOFS Sold Prices

Land registry data shows two sales for RED ROOFS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lichfield local authority area for the corresponding sale date. Both of the two RED ROOFS 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
2015 11 MAY	£1,850,000	£329,508	461% above HPI
2005 18 MAR	£975,000	£273,192	257% above HPI

RED ROOFS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lichfield local authority area over time, sourced from the HPI. The two RED ROOFS sales from March 2005 and May 2015 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 March 2005 sale was for 257% above the HPI. So the extrapolation line tracks at 257% above the HPI over time, until the May 2015 sale, where it rises to 461% above the HPI. The line then continues to track at 461% above the HPI.

What might RED ROOFS be worth now?

RED ROOFS might now be worth an estimated £2,858,593.

This is based on house price inflation of 54.5%, between May 2015 and February 2025, for detached houses, in the Lichfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.5% inflationary increase is applied to the most recent sale price for RED ROOFS of £1,850,000 on 11th May 2015. For the value to have increased from £1,850,000 to £2,858,593 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of RED ROOFS has moved in line with the HPI for detached houses in the Lichfield local authority area.
• The May 2015 sale price of £1,850,000 represented a fair market value for the property.
• The size, condition, and specification of RED ROOFS has not materially changed since May 2015.

How Large is RED ROOFS?

RED ROOFS is 379m², which includes four extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 20% of detached houses houses in Little Aston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Little Aston, and where RED ROOFS lies on this distribution: 81% of detached houses houses are smaller than RED ROOFS, and 19% of houses are larger. Note that EPC data is not available for all properties in Little Aston.

RED ROOFS: Plot and Title Map

RED ROOFS sits on a plot of roughly 0.483 of an acre, or 1,955m². The below map shows the location of RED ROOFS, 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 RED ROOFS). 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 RED ROOFS?

RED ROOFS is located on ROMAN ROAD in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of RED ROOFS on ROMAN ROAD.