55, REDDICAP HEATH ROAD, SUTTON COLDFIELD, B75 7DX - £261,000

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.

55 REDDICAP HEATH ROAD is a very small terraced house of 88m², built sometime between 1900 and 1929, which could now be worth an estimated £277,913. It was last sold for £261,000 in July 2022, which was around 25% above the average July 2022 terraced price in the Birmingham local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

55 REDDICAP HEATH ROAD Sold Prices

Land registry data shows three sales for 55 REDDICAP HEATH 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 Birmingham local authority area for the corresponding sale date. Two of the three 55 REDDICAP HEATH ROAD sales were for above the average price, whilst one was 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
2022 1 JUL	£261,000	£208,882	25% above HPI
2017 23 FEB	£210,000	£147,745	42% above HPI
2008 10 DEC	£110,000	£115,950	5% below HPI

55 REDDICAP HEATH ROAD 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 three 55 REDDICAP HEATH ROAD sales between December 2008 and July 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 February 2017 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the July 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 55 REDDICAP HEATH ROAD be worth now?

55 REDDICAP HEATH ROAD might now be worth an estimated £277,913.

This is based on house price inflation of 6.5%, between July 2022 and April 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 6.5% inflationary increase is applied to the most recent sale price for 55 REDDICAP HEATH ROAD of £261,000 on 1st July 2022. For the value to have increased from £261,000 to £277,913 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 55 REDDICAP HEATH ROAD has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The July 2022 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 55 REDDICAP HEATH ROAD has not materially changed since July 2022.

How Large is 55 REDDICAP HEATH ROAD?

55 REDDICAP HEATH ROAD is 88m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 55 REDDICAP HEATH ROAD lies on this distribution: 10% of terraced houses houses are smaller than 55 REDDICAP HEATH ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

55 REDDICAP HEATH ROAD: Plot and Title Map

55 REDDICAP HEATH ROAD sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 55 REDDICAP HEATH 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 55 REDDICAP HEATH 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 55 REDDICAP HEATH ROAD?

55 REDDICAP HEATH ROAD is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 55 on REDDICAP HEATH ROAD.