OAK COTTAGE, DEEP LANE, NETHER WHITACRE, BIRMINGHAM, B46 2EA - £485,000

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.

OAK COTTAGE is a very large extended terraced house of 202m², built sometime before 1900, which could now be worth an estimated £765,036. It was last sold for £485,000 in July 2009, which was around 271% above the average July 2009 terraced price in the North Warwickshire local authority area. The most recent EPC inspection was January 2009, where the current energy rating was C, and the potential energy rating was C.

OAK COTTAGE Sold Prices

Land registry data shows two sales for OAK COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Warwickshire local authority area for the corresponding sale date. Both of the two OAK COTTAGE 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
2009 17 JUL	£485,000	£130,824	271% above HPI
2002 31 MAY	£250,000	£73,114	242% above HPI

OAK COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Warwickshire local authority area over time, sourced from the HPI. The two OAK COTTAGE sales from May 2002 and July 2009 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 May 2002 sale was for 242% above the HPI. So the extrapolation line tracks at 242% above the HPI over time, until the July 2009 sale, where it rises to 271% above the HPI. The line then continues to track at 271% above the HPI.

What might OAK COTTAGE be worth now?

OAK COTTAGE might now be worth an estimated £765,036.

This is based on house price inflation of 57.7%, between July 2009 and May 2026, for terraced houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57.7% inflationary increase is applied to the most recent sale price for OAK COTTAGE of £485,000 on 17th July 2009. For the value to have increased from £485,000 to £765,036 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of OAK COTTAGE has moved in line with the HPI for terraced houses in the North Warwickshire local authority area.
• The July 2009 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of OAK COTTAGE has not materially changed since July 2009.

How Large is OAK COTTAGE?

OAK COTTAGE is 202m², which includes one extension, according to the EPC inspection conducted in January 2009. This puts it in the largest 20% of terraced houses houses in Nether Whitacre, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Nether Whitacre, and where OAK COTTAGE lies on this distribution: 86% of terraced houses houses are smaller than OAK COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Nether Whitacre.

OAK COTTAGE: Plot and Title Map

OAK COTTAGE sits on a plot of roughly 0.293 of an acre, or 1,185m². The below map shows the location of OAK COTTAGE, 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 OAK COTTAGE). 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 OAK COTTAGE?

OAK COTTAGE is located on DEEP LANE in NETHER WHITACRE, in the B46 postcode district. The below map shows the position of OAK COTTAGE on DEEP LANE.