8, HOMESTEAD DRIVE, SUTTON COLDFIELD, B75 5LN - £322,500

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.

8 HOMESTEAD DRIVE is a midsized semi-detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £416,656. It was last sold for £322,500 in February 2019, which was around 55% above the average February 2019 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

8 HOMESTEAD DRIVE Sold Prices

Land registry data shows four sales for 8 HOMESTEAD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. All of the four 8 HOMESTEAD DRIVE 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
2019 22 FEB	£322,500	£208,562	55% above HPI
2011 21 OCT	£235,000	£141,439	66% above HPI
2005 27 MAY	£215,000	£142,995	50% above HPI
2004 2 JUN	£212,000	£136,018	56% above HPI

8 HOMESTEAD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 8 HOMESTEAD DRIVE sales between June 2004 and February 2019 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 October 2011 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the February 2019 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 8 HOMESTEAD DRIVE be worth now?

8 HOMESTEAD DRIVE might now be worth an estimated £416,656.

This is based on house price inflation of 29.2%, between February 2019 and February 2025, for semi-detached 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 29.2% inflationary increase is applied to the most recent sale price for 8 HOMESTEAD DRIVE of £322,500 on 22nd February 2019. For the value to have increased from £322,500 to £416,656 over the six years to February 2025, the following assumptions must hold true:

• The value of 8 HOMESTEAD DRIVE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The February 2019 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 8 HOMESTEAD DRIVE has not materially changed since February 2019.

How Large is 8 HOMESTEAD DRIVE?

8 HOMESTEAD DRIVE is 118m² according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% of semi-detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Sutton Coldfield, and where 8 HOMESTEAD DRIVE lies on this distribution: 40% of semi-detached houses houses are smaller than 8 HOMESTEAD DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

8 HOMESTEAD DRIVE: Plot and Title Map

8 HOMESTEAD DRIVE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of 8 HOMESTEAD DRIVE, 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 8 HOMESTEAD DRIVE). 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 8 HOMESTEAD DRIVE?

8 HOMESTEAD DRIVE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 8 on HOMESTEAD DRIVE.