6, SILVERMEAD COURT, SILVER STREET, WYTHALL, BIRMINGHAM, B47 6LN - £124,000

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.

6 SILVERMEAD COURT is a very small terraced house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £202,791. It was last sold for £124,000 in May 2014, which was around 26% below the average May 2014 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

6 SILVERMEAD COURT Sold Prices

Land registry data shows three sales for 6 SILVERMEAD COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Bromsgrove local authority area for the corresponding sale date. Two of the three 6 SILVERMEAD COURT sales were for below the average price, whilst one was 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
2014 14 MAY	£124,000	£167,042	26% below HPI
2012 16 AUG	£106,000	£153,655	31% below HPI
2001 3 AUG	£82,500	£81,261	2% above HPI

6 SILVERMEAD COURT Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 6 SILVERMEAD COURT sales between August 2001 and May 2014 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 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 SILVERMEAD COURT be worth now?

6 SILVERMEAD COURT might now be worth an estimated £202,791.

This is based on house price inflation of 63.5%, between May 2014 and October 2025, for terraced houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.5% inflationary increase is applied to the most recent sale price for 6 SILVERMEAD COURT of £124,000 on 14th May 2014. For the value to have increased from £124,000 to £202,791 over the ten years and seven months to October 2025, the following assumptions must hold true:

• The value of 6 SILVERMEAD COURT has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The May 2014 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SILVERMEAD COURT has not materially changed since May 2014.

How Large is 6 SILVERMEAD COURT?

6 SILVERMEAD COURT is 61m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of terraced houses houses in Hollywood, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hollywood, and where 6 SILVERMEAD COURT lies on this distribution: 3% of terraced houses houses are smaller than 6 SILVERMEAD COURT, and 97% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

6 SILVERMEAD COURT: Plot and Title Map

6 SILVERMEAD COURT sits on a plot of roughly 1.5 acres, or 6,176m². The below map shows the location of 6 SILVERMEAD COURT, 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 6 SILVERMEAD COURT). 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 6 SILVERMEAD COURT?

6 SILVERMEAD COURT is located on SILVER STREET in WYTHALL, in the B47 postcode district. The below map shows the position of 6 SILVERMEAD COURT on SILVER STREET.