18, VERNON CLOSE, SUTTON COLDFIELD, B74 4EA - £345,000

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.

18 VERNON CLOSE is a very large extended terraced house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £464,563. It was last sold for £345,000 in October 2018, which was around 109% above the average October 2018 terraced price in the Birmingham local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was C.

18 VERNON CLOSE Sold Prices

Land registry data shows four sales for 18 VERNON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the four 18 VERNON CLOSE 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
2018 1 OCT	£345,000	£165,175	109% above HPI
2018 1 OCT	£345,000	£165,175	109% above HPI
2007 8 OCT	£235,000	£131,006	79% above HPI
2001 30 JUL	£136,500	£59,128	131% above HPI

What might 18 VERNON CLOSE be worth now?

18 VERNON CLOSE might now be worth an estimated £464,563.

This is based on house price inflation of 34.7%, between October 2018 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 34.7% inflationary increase is applied to the most recent sale price for 18 VERNON CLOSE of £345,000 on 1st October 2018. For the value to have increased from £345,000 to £464,563 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 18 VERNON CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The October 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 18 VERNON CLOSE has not materially changed since October 2018.

How Large is 18 VERNON CLOSE?

18 VERNON CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of terraced houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of terraced houses by size in Royal Sutton Coldfield, and where 18 VERNON CLOSE lies on this distribution: 83% of terraced houses are smaller than 18 VERNON CLOSE, and 17% of terraced houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

18 VERNON CLOSE: Plot

18 VERNON CLOSE sits on a plot of roughly 0.061 of an acre, or 247m².

Where is 18 VERNON CLOSE?

18 VERNON CLOSE is located in SUTTON COLDFIELD, in the B74 postcode district.