2, CHESTNUT DRIVE, ERDINGTON, BIRMINGHAM, B24 0DN - £227,000

2 CHESTNUT DRIVE is a midsized extended detached house of 112m², built sometime between 1900 and 1929. It was last sold for £227,000 in March 2016, which was around 23% below the average March 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

2 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 2 CHESTNUT DRIVE 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. One of the two 2 CHESTNUT DRIVE 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
2016 24 MAR	£227,000	£294,400	23% below HPI
2000 3 OCT	£147,000	£128,367	15% above HPI

2 CHESTNUT DRIVE 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 2 CHESTNUT DRIVE sales from October 2000 and March 2016 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 2000 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 CHESTNUT DRIVE?

2 CHESTNUT DRIVE is 112m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 2 CHESTNUT DRIVE lies on this distribution: 46% of detached houses are smaller than 2 CHESTNUT DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 CHESTNUT DRIVE: Plot and Title Map

2 CHESTNUT DRIVE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 2 CHESTNUT 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 2 CHESTNUT 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 2 CHESTNUT DRIVE?

2 CHESTNUT DRIVE is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 2 on CHESTNUT DRIVE.