29, HOMESTEAD DRIVE, SUTTON COLDFIELD, B75 5LN - £300,000

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.

29 HOMESTEAD DRIVE is a very small semi-detached house of 54m², built sometime between 1950 and 1966, which could now be worth an estimated £424,333. It was last sold for £300,000 in July 2017, which was around 57% above the average July 2017 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

29 HOMESTEAD DRIVE Sold Prices

Land registry data shows two sales for 29 HOMESTEAD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 29 HOMESTEAD DRIVE 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
2017 7 JUL	£300,000	£190,501	57% above HPI
2007 4 MAY	£229,950	£155,694	48% above HPI

29 HOMESTEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 29 HOMESTEAD DRIVE sales from May 2007 and July 2017 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 May 2007 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2017 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 29 HOMESTEAD DRIVE be worth now?

29 HOMESTEAD DRIVE might now be worth an estimated £424,333.

This is based on house price inflation of 41.4%, between July 2017 and February 2025, for semi-detached 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 41.4% inflationary increase is applied to the most recent sale price for 29 HOMESTEAD DRIVE of £300,000 on 7th July 2017. For the value to have increased from £300,000 to £424,333 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 29 HOMESTEAD DRIVE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The July 2017 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 29 HOMESTEAD DRIVE has not materially changed since July 2017.

How Large is 29 HOMESTEAD DRIVE?

29 HOMESTEAD DRIVE is 54m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 10% of semi-detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Sutton Coldfield, and where 29 HOMESTEAD DRIVE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 29 HOMESTEAD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

29 HOMESTEAD DRIVE: Plot and Title Map

29 HOMESTEAD DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 29 HOMESTEAD DRIVE, 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 29 HOMESTEAD DRIVE). 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 29 HOMESTEAD DRIVE?

29 HOMESTEAD DRIVE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 29 on HOMESTEAD DRIVE.