FLAT 3, 247, LICHFIELD ROAD, SUTTON COLDFIELD, B74 2XD - £85,000

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.

FLAT 3 247 LICHFIELD ROAD is a very small extended flat of 44m², built sometime between 1900 and 1929, which could now be worth an estimated £96,538. It was last sold for £85,000 in January 2019, which was around 33% below the average January 2019 flat price in the Birmingham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was D.

FLAT 3 247 LICHFIELD ROAD Sold Prices

Land registry data shows two sales for FLAT 3 247 LICHFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Birmingham local authority area for the corresponding sale date. One of the two FLAT 3 247 LICHFIELD ROAD sales was for below the average price, whilst the other 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
2019 4 JAN	£85,000	£127,560	33% below HPI
2008 15 OCT	£110,000	£100,691	9% above HPI

What might FLAT 3 247 LICHFIELD ROAD be worth now?

FLAT 3 247 LICHFIELD ROAD might now be worth an estimated £96,538.

This is based on house price inflation of 13.6%, between January 2019 and May 2026, for flats, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.6% inflationary increase is applied to the most recent sale price for FLAT 3 247 LICHFIELD ROAD of £85,000 on 4th January 2019. For the value to have increased from £85,000 to £96,538 over the six years and eight months to May 2026, the following assumptions must hold true:

• The value of FLAT 3 247 LICHFIELD ROAD has moved in line with the HPI for flats in the Birmingham local authority area.
• The January 2019 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 247 LICHFIELD ROAD has not materially changed since January 2019.

How Large is FLAT 3 247 LICHFIELD ROAD?

FLAT 3 247 LICHFIELD ROAD is 44m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of flats in Royal Sutton Coldfield, based on EPC data. 13% of flats are smaller than FLAT 3 247 LICHFIELD ROAD, and 86% of flats are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

FLAT 3 247 LICHFIELD ROAD: Plot

FLAT 3 247 LICHFIELD ROAD sits on a plot of roughly 0.148 of an acre, or 598m².

Where is FLAT 3 247 LICHFIELD ROAD?

FLAT 3, 247 LICHFIELD ROAD is located in SUTTON COLDFIELD, in the B74 postcode district.