5, RICHMOND ROAD, SOLIHULL, B92 7RN - £420,000

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 RICHMOND ROAD is a large extended terraced house of 148m², built sometime between 1900 and 1929, which could now be worth an estimated £437,537. It was last sold for £420,000 in March 2023, which was around 63% above the average March 2023 terraced price in the Solihull local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

5 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 5 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Solihull local authority area for the corresponding sale date. All of the three 5 RICHMOND 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
2023 10 MAR	£420,000	£257,549	63% above HPI
2002 2 AUG	£190,000	£91,541	108% above HPI
2001 6 JUL	£92,500	£76,632	21% above HPI

5 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Solihull local authority area over time, sourced from the HPI. The three 5 RICHMOND ROAD sales between July 2001 and March 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 August 2002 sale was for 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the March 2023 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 5 RICHMOND ROAD be worth now?

5 RICHMOND ROAD might now be worth an estimated £437,537.

This is based on house price inflation of 4.2%, between March 2023 and May 2026, for terraced houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% inflationary increase is applied to the most recent sale price for 5 RICHMOND ROAD of £420,000 on 10th March 2023. For the value to have increased from £420,000 to £437,537 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 RICHMOND ROAD has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The March 2023 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RICHMOND ROAD has not materially changed since March 2023.

How Large is 5 RICHMOND ROAD?

5 RICHMOND ROAD is 148m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of terraced houses houses in Solihull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Solihull, and where 5 RICHMOND ROAD lies on this distribution: 66% of terraced houses houses are smaller than 5 RICHMOND ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Solihull.

5 RICHMOND ROAD: Plot and Title Map

5 RICHMOND ROAD sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 5 RICHMOND 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 5 RICHMOND 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 5 RICHMOND ROAD?

5 RICHMOND ROAD is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 5 on RICHMOND ROAD.