Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
10 MORJON DRIVE is a very large extended detached house of 169m², built sometime between 1930 and 1949. It was last sold for £420,000 in June 2024, which was around 27% above the average June 2024 detached price in the Sandwell local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 10 MORJON DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sandwell local authority area for the corresponding sale date. Two of the three 10 MORJON DRIVE sales were for above the average price, whilst one was for below 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 |
---|---|---|---|
2024 27 JUN | £420,000 | £330,029 | 27% above HPI |
2014 8 DEC | £285,000 | £186,235 | 53% above HPI |
2005 2 NOV | £156,200 | £179,608 | 13% below HPI |
The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The three 10 MORJON DRIVE sales between November 2005 and June 2024 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 December 2014 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the June 2024 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.
10 MORJON DRIVE is 169m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 10% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 10 MORJON DRIVE lies on this distribution: 92% of detached houses are smaller than 10 MORJON DRIVE, and 7% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.
10 MORJON DRIVE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 10 MORJON 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 10 MORJON 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.
10 MORJON DRIVE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 10 on MORJON DRIVE.