48, OAK FARM CLOSE, SUTTON COLDFIELD, B76 1PJ - £310,000

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.

48 OAK FARM CLOSE is a very small terraced house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £330,220. It was last sold for £310,000 in March 2022, which was around 53% above the average March 2022 terraced price in the Birmingham local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

48 OAK FARM CLOSE Sold Prices

Land registry data shows two sales for 48 OAK FARM CLOSE 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 48 OAK FARM CLOSE 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
2022 18 MAR	£310,000	£202,907	53% above HPI
2005 29 JUL	£175,000	£117,302	49% above HPI

48 OAK FARM CLOSE 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 48 OAK FARM CLOSE sales from July 2005 and March 2022 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 2005 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the March 2022 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 48 OAK FARM CLOSE be worth now?

48 OAK FARM CLOSE might now be worth an estimated £330,220.

This is based on house price inflation of 6.5%, between March 2022 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 6.5% inflationary increase is applied to the most recent sale price for 48 OAK FARM CLOSE of £310,000 on 18th March 2022. For the value to have increased from £310,000 to £330,220 over the two years and eight months to July 2025, the following assumptions must hold true:

• The value of 48 OAK FARM CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The March 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 48 OAK FARM CLOSE has not materially changed since March 2022.

How Large is 48 OAK FARM CLOSE?

48 OAK FARM CLOSE is 73m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% 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 48 OAK FARM CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 48 OAK FARM CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

48 OAK FARM CLOSE: Plot and Title Map

48 OAK FARM CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 48 OAK FARM CLOSE, 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 48 OAK FARM CLOSE). 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 48 OAK FARM CLOSE?

48 OAK FARM CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 48 on OAK FARM CLOSE.