Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
43 SOMERSET ROAD is a very large extended detached house of 820m², built sometime between 1967 and 1975. It was last sold for £2,000,000 in January 2019, which was around 462% above the average January 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 43 SOMERSET ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 43 SOMERSET 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 |
---|---|---|---|
2019 18 JAN | £2,000,000 | £356,068 | 462% above HPI |
2018 19 APR | £1,700,000 | £336,691 | 405% above HPI |
2008 28 AUG | £1,430,000 | £254,004 | 463% above HPI |
2003 1 AUG | £915,000 | £216,080 | 323% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 43 SOMERSET ROAD sales between August 2003 and January 2019 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 2018 sale was for 405% above the HPI. So the extrapolation line tracks at 405% above the HPI over time, until the January 2019 sale, where it rises to 462% above the HPI. The line then continues to track at 462% above the HPI.
43 SOMERSET ROAD is 820m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 43 SOMERSET ROAD lies on this distribution: More than 99% of detached houses are smaller than 43 SOMERSET ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
43 SOMERSET ROAD sits on a plot of roughly 0.447 of an acre, or 1,809m². The below map shows the location of 43 SOMERSET 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 43 SOMERSET 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.
43 SOMERSET ROAD is located in EDGBASTON, in the B15 postcode district. The below map shows the position of No. 43 on SOMERSET ROAD.