422, LICHFIELD ROAD, SUTTON COLDFIELD, B74 4BL - £385,000

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.

422 LICHFIELD ROAD is a large extended detached house of 169m², which could now be worth an estimated £703,489. It was last sold for £385,000 in May 2010, which was around 59% above the average May 2010 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2008, where the current energy rating was F, and the potential energy rating was E.

422 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for 422 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 422 LICHFIELD ROAD 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
2010 21 MAY	£385,000	£242,631	59% above HPI
2004 4 JUN	£290,000	£229,584	26% above HPI

422 LICHFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 422 LICHFIELD ROAD sales from June 2004 and May 2010 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 June 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2010 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 422 LICHFIELD ROAD be worth now?

422 LICHFIELD ROAD might now be worth an estimated £703,489.

This is based on house price inflation of 82.7%, between May 2010 and July 2026, for 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 82.7% inflationary increase is applied to the most recent sale price for 422 LICHFIELD ROAD of £385,000 on 21st May 2010. For the value to have increased from £385,000 to £703,489 over the fifteen years and ten months to July 2026, the following assumptions must hold true:

• The value of 422 LICHFIELD ROAD has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2010 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 422 LICHFIELD ROAD has not materially changed since May 2010.

How Large is 422 LICHFIELD ROAD?

422 LICHFIELD ROAD is 169m², which includes two extensions, according to the EPC inspection conducted in September 2008. This puts it in the largest 30% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 422 LICHFIELD ROAD lies on this distribution: 76% of detached houses are smaller than 422 LICHFIELD ROAD, and 24% of detached houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

422 LICHFIELD ROAD: Plot

422 LICHFIELD ROAD sits on a plot of roughly 0.153 of an acre, or 619m².

Where is 422 LICHFIELD ROAD?

422 LICHFIELD ROAD is located in SUTTON COLDFIELD, in the B74 postcode district.