245, SPRINGFIELD ROAD, SUTTON COLDFIELD, B75 7JN - £360,000

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.

245 SPRINGFIELD ROAD is a small extended terraced house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £409,608. It was last sold for £360,000 in September 2021, which was around 90% above the average September 2021 terraced price in the Birmingham local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

245 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 245 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. Both of the two 245 SPRINGFIELD 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 SEP	£360,000	£189,965	90% above HPI
2015 10 JUL	£206,000	£131,826	56% above HPI

245 SPRINGFIELD ROAD 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 two 245 SPRINGFIELD ROAD sales from July 2015 and September 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 July 2015 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the September 2021 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

What might 245 SPRINGFIELD ROAD be worth now?

245 SPRINGFIELD ROAD might now be worth an estimated £409,608.

This is based on house price inflation of 13.8%, between September 2021 and July 2025, 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 13.8% inflationary increase is applied to the most recent sale price for 245 SPRINGFIELD ROAD of £360,000 on 30th September 2021. For the value to have increased from £360,000 to £409,608 over the four years and two months to July 2025, the following assumptions must hold true:

• The value of 245 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The September 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 245 SPRINGFIELD ROAD has not materially changed since September 2021.

How Large is 245 SPRINGFIELD ROAD?

245 SPRINGFIELD ROAD is 113m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% 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 245 SPRINGFIELD ROAD lies on this distribution: 34% of terraced houses houses are smaller than 245 SPRINGFIELD ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

245 SPRINGFIELD ROAD: Plot and Title Map

245 SPRINGFIELD ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 245 SPRINGFIELD 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 245 SPRINGFIELD 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.

Where is 245 SPRINGFIELD ROAD?

245 SPRINGFIELD ROAD is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 245 on SPRINGFIELD ROAD.