28, SILVERMEAD COURT, SILVER STREET, WYTHALL, BIRMINGHAM, B47 6LN - £142,000

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.

28 SILVERMEAD COURT is a very small terraced house of 40m², built sometime between 1996 and 2002, which could now be worth an estimated £182,494. It was last sold for £142,000 in June 2020, which was around 33% below the average June 2020 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was A.

28 SILVERMEAD COURT Sold Prices

Land registry data shows three sales for 28 SILVERMEAD COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. All of the three 28 SILVERMEAD COURT 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 5 JUN	£142,000	£212,566	33% below HPI
2016 16 DEC	£147,000	£187,952	22% below HPI
2001 26 OCT	£79,950	£82,014	3% below HPI

28 SILVERMEAD COURT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 28 SILVERMEAD COURT sales between October 2001 and June 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 December 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 28 SILVERMEAD COURT be worth now?

28 SILVERMEAD COURT might now be worth an estimated £182,494.

This is based on house price inflation of 28.5%, between June 2020 and October 2025, for terraced houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.5% inflationary increase is applied to the most recent sale price for 28 SILVERMEAD COURT of £142,000 on 5th June 2020. For the value to have increased from £142,000 to £182,494 over the four years and eight months to October 2025, the following assumptions must hold true:

• The value of 28 SILVERMEAD COURT has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The June 2020 sale price of £142,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SILVERMEAD COURT has not materially changed since June 2020.

How Large is 28 SILVERMEAD COURT?

28 SILVERMEAD COURT is 40m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of terraced houses houses in Hollywood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hollywood, and where 28 SILVERMEAD COURT lies on this distribution: Less than 1% of terraced houses houses are smaller than 28 SILVERMEAD COURT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

28 SILVERMEAD COURT: Plot and Title Map

28 SILVERMEAD COURT sits on a plot of roughly 1.5 acres, or 6,176m². The below map shows the location of 28 SILVERMEAD COURT, 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 28 SILVERMEAD COURT). 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 28 SILVERMEAD COURT?

28 SILVERMEAD COURT is located on SILVER STREET in WYTHALL, in the B47 postcode district. The below map shows the position of 28 SILVERMEAD COURT on SILVER STREET.