Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
108 SOMERSET ROAD is a very large extended detached house of 257m², built sometime between 1900 and 1929. It was last sold for £1,310,000 in March 2021, which was around 238% above the average March 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 108 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 108 SOMERSET 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 |
---|---|---|---|
2021 30 MAR | £1,310,000 | £387,301 | 238% above HPI |
2011 18 AUG | £900,000 | £247,226 | 264% above HPI |
2006 11 AUG | £760,000 | £252,238 | 201% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 108 SOMERSET ROAD sales between August 2006 and March 2021 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 2011 sale was for 264% above the HPI. So the extrapolation line tracks at 264% above the HPI over time, until the March 2021 sale, where it falls to 238% above the HPI. The line then continues to track at 238% above the HPI.
108 SOMERSET ROAD is 257m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 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 108 SOMERSET ROAD lies on this distribution: 95% of detached houses are smaller than 108 SOMERSET ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
108 SOMERSET ROAD sits on a plot of roughly 0.277 of an acre, or 1,121m². The below map shows the location of 108 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 108 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.
108 SOMERSET ROAD is located in EDGBASTON, in the B15 postcode district. The below map shows the position of No. 108 on SOMERSET ROAD.