12, THE DRIVE, HOPWOOD, BIRMINGHAM, B48 7AH - £450,000

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.

12 THE DRIVE is a midsized detached house of 157m², built sometime between 1930 and 1949, which could now be worth an estimated £694,700. It was last sold for £450,000 in November 2014, which was around 33% above the average November 2014 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

12 THE DRIVE Sold Prices

Land registry data shows two sales for 12 THE 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 12 THE DRIVE 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
2014 6 NOV	£450,000	£338,938	33% above HPI
1997 30 SEP	£175,000	£126,142	39% above HPI

12 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 12 THE DRIVE sales from September 1997 and November 2014 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 September 1997 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the November 2014 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 12 THE DRIVE be worth now?

12 THE DRIVE might now be worth an estimated £694,700.

This is based on house price inflation of 54.4%, between November 2014 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 54.4% inflationary increase is applied to the most recent sale price for 12 THE DRIVE of £450,000 on 6th November 2014. For the value to have increased from £450,000 to £694,700 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 THE DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The November 2014 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE DRIVE has not materially changed since November 2014.

How Large is 12 THE DRIVE?

12 THE DRIVE is 157m² according to the EPC inspection conducted in June 2014. This puts it in the largest 50% of detached houses houses in Hopwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hopwood, and where 12 THE DRIVE lies on this distribution: 59% of detached houses houses are smaller than 12 THE DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Hopwood.

12 THE DRIVE: Plot and Title Map

12 THE DRIVE sits on a plot of roughly 0.512 of an acre, or 2,072m². The below map shows the location of 12 THE 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 12 THE 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 12 THE DRIVE?

12 THE DRIVE is located in HOPWOOD, in the B48 postcode district. The below map shows the position of No. 12 on THE DRIVE.