18, FARMSTEAD CLOSE, SUTTON COLDFIELD, B75 5UG - £222,500

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.

18 FARMSTEAD CLOSE is a very small terraced house of 64m², built sometime between 1996 and 2002, which could now be worth an estimated £255,726. It was last sold for £222,500 in August 2021, which was around 15% above the average August 2021 terraced price in the Birmingham local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

18 FARMSTEAD CLOSE Sold Prices

Land registry data shows three sales for 18 FARMSTEAD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the three 18 FARMSTEAD CLOSE 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 20 AUG	£222,500	£193,520	15% above HPI
2006 19 DEC	£167,500	£125,788	33% above HPI
2004 30 NOV	£152,950	£114,402	34% above HPI

18 FARMSTEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The three 18 FARMSTEAD CLOSE sales between November 2004 and August 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 December 2006 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2021 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 18 FARMSTEAD CLOSE be worth now?

18 FARMSTEAD CLOSE might now be worth an estimated £255,726.

This is based on house price inflation of 14.9%, between August 2021 and April 2026, for terraced houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 18 FARMSTEAD CLOSE of £222,500 on 20th August 2021. For the value to have increased from £222,500 to £255,726 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 18 FARMSTEAD CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The August 2021 sale price of £222,500 represented a fair market value for the property.
• The size, condition, and specification of 18 FARMSTEAD CLOSE has not materially changed since August 2021.

How Large is 18 FARMSTEAD CLOSE?

18 FARMSTEAD CLOSE is 64m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% of terraced houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royal Sutton Coldfield, and where 18 FARMSTEAD CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 18 FARMSTEAD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

18 FARMSTEAD CLOSE: Plot and Title Map

18 FARMSTEAD CLOSE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 18 FARMSTEAD CLOSE, 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 18 FARMSTEAD CLOSE). 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 18 FARMSTEAD CLOSE?

18 FARMSTEAD CLOSE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 18 on FARMSTEAD CLOSE.