5, PLOUGHMANS PLACE, SUTTON COLDFIELD, B75 5TR - £340,000

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.

5 PLOUGHMANS PLACE is a very small terraced house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £364,494. It was last sold for £340,000 in May 2023, which was around 66% above the average May 2023 terraced price in the Birmingham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

5 PLOUGHMANS PLACE Sold Prices

Land registry data shows two sales for 5 PLOUGHMANS PLACE 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 5 PLOUGHMANS PLACE 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
2023 30 MAY	£340,000	£204,965	66% above HPI
2001 8 NOV	£124,750	£61,095	104% above HPI

5 PLOUGHMANS PLACE 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 5 PLOUGHMANS PLACE sales from November 2001 and May 2023 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 November 2001 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the May 2023 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 5 PLOUGHMANS PLACE be worth now?

5 PLOUGHMANS PLACE might now be worth an estimated £364,494.

This is based on house price inflation of 7.2%, between May 2023 and May 2026, 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 7.2% inflationary increase is applied to the most recent sale price for 5 PLOUGHMANS PLACE of £340,000 on 30th May 2023. For the value to have increased from £340,000 to £364,494 over the three years to May 2026, the following assumptions must hold true:

• The value of 5 PLOUGHMANS PLACE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The May 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PLOUGHMANS PLACE has not materially changed since May 2023.

How Large is 5 PLOUGHMANS PLACE?

5 PLOUGHMANS PLACE is 74m² according to the EPC inspection conducted in July 2022. 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 5 PLOUGHMANS PLACE lies on this distribution: 3% of terraced houses houses are smaller than 5 PLOUGHMANS PLACE, and 96% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

5 PLOUGHMANS PLACE: Plot and Title Map

5 PLOUGHMANS PLACE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 5 PLOUGHMANS PLACE, 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 5 PLOUGHMANS PLACE). 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 5 PLOUGHMANS PLACE?

5 PLOUGHMANS PLACE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 5 on PLOUGHMANS PLACE.