38, IRIS DRIVE, BIRMINGHAM, B14 5AG - £285,000

38 IRIS DRIVE is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £285,000 in December 2015, which was around 1% below the average December 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

38 IRIS DRIVE Sold Prices

Land registry data shows four sales for 38 IRIS DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. The four 38 IRIS DRIVE sales were a mix of below the average price, and roughly equal to 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
2015 16 DEC	£285,000	£288,318	1% below HPI
2007 31 JUL	£235,000	£263,288	11% below HPI
2000 5 MAY	£119,000	£119,496	Close to HPI
1996 29 MAR	£83,950	£88,086	5% below HPI

38 IRIS 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 four 38 IRIS DRIVE sales between March 1996 and December 2015 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 July 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 38 IRIS DRIVE?

38 IRIS DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in September 2015. 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 38 IRIS DRIVE lies on this distribution: 40% of detached houses are smaller than 38 IRIS DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

38 IRIS DRIVE: Plot and Title Map

38 IRIS DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 38 IRIS 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 38 IRIS 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 38 IRIS DRIVE?

38 IRIS DRIVE is located in BIRMINGHAM, in the B14 postcode district. The below map shows the position of No. 38 on IRIS DRIVE.