38, SILVERMERE ROAD, BIRMINGHAM, B26 3XA - £270,000

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.

38 SILVERMERE ROAD is a small detached house of 102m², built sometime from 2012 onwards, which could now be worth an estimated £305,135. It was last sold for £270,000 in June 2021, which was around 30% below the average June 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

38 SILVERMERE ROAD Sold Prices

Land registry data shows two sales for 38 SILVERMERE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 38 SILVERMERE ROAD 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
2021 18 JUN	£270,000	£388,223	30% below HPI
2014 30 APR	£219,950	£251,828	13% below HPI

38 SILVERMERE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 38 SILVERMERE ROAD sales from April 2014 and June 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 April 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 38 SILVERMERE ROAD be worth now?

38 SILVERMERE ROAD might now be worth an estimated £305,135.

This is based on house price inflation of 13%, between June 2021 and May 2026, for 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 13% inflationary increase is applied to the most recent sale price for 38 SILVERMERE ROAD of £270,000 on 18th June 2021. For the value to have increased from £270,000 to £305,135 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 38 SILVERMERE ROAD has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The June 2021 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SILVERMERE ROAD has not materially changed since June 2021.

How Large is 38 SILVERMERE ROAD?

38 SILVERMERE ROAD is 102m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 38 SILVERMERE ROAD lies on this distribution: 35% of detached houses houses are smaller than 38 SILVERMERE ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 SILVERMERE ROAD: Plot and Title Map

38 SILVERMERE ROAD sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 38 SILVERMERE 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 38 SILVERMERE 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 38 SILVERMERE ROAD?

38 SILVERMERE ROAD is located in BIRMINGHAM, in the B26 postcode district. The below map shows the position of No. 38 on SILVERMERE ROAD.