SPRINGFIELDS, BICKENHILL LANE, BIRMINGHAM, B37 7EY - £352,000

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.

SPRINGFIELDS is a large extended detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £420,154. It was last sold for £352,000 in September 2020, which was around 28% below the average September 2020 detached price in the Solihull local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was C.

SPRINGFIELDS Sold Prices

Land registry data shows three sales for SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three SPRINGFIELDS 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 29 SEP	£352,000	£488,635	28% below HPI
2000 9 JUN	£140,000	£183,048	24% below HPI
1995 1 SEP	£90,000	£121,990	26% below HPI

SPRINGFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three SPRINGFIELDS sales between September 1995 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 June 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might SPRINGFIELDS be worth now?

SPRINGFIELDS might now be worth an estimated £420,154.

This is based on house price inflation of 19.4%, between September 2020 and February 2025, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for SPRINGFIELDS of £352,000 on 29th September 2020. For the value to have increased from £352,000 to £420,154 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of SPRINGFIELDS has moved in line with the HPI for detached houses in the Solihull local authority area.
• The September 2020 sale price of £352,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGFIELDS has not materially changed since September 2020.

How Large is SPRINGFIELDS?

SPRINGFIELDS is 141m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where SPRINGFIELDS lies on this distribution: 71% of detached houses houses are smaller than SPRINGFIELDS, and 28% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

SPRINGFIELDS: Plot and Title Map

SPRINGFIELDS sits on a plot of roughly 0.152 of an acre, or 616m². The below map shows the location of SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

SPRINGFIELDS is located on BICKENHILL LANE in BIRMINGHAM, in the B37 postcode district. The below map shows the position of SPRINGFIELDS on BICKENHILL LANE.