15, STOCKHILL DRIVE, REDNAL, BIRMINGHAM, B45 9XU - £210,000

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.

15 STOCKHILL DRIVE is a very small extended detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £301,672. It was last sold for £210,000 in February 2016, which was around 42% below the average February 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

15 STOCKHILL DRIVE Sold Prices

Land registry data shows two sales for 15 STOCKHILL 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 15 STOCKHILL DRIVE sales were 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
2016 8 FEB	£210,000	£364,242	42% below HPI
2006 2 AUG	£100,000	£303,033	67% below HPI

15 STOCKHILL 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 15 STOCKHILL DRIVE sales from August 2006 and February 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 August 2006 sale was for 67% below the HPI. So the extrapolation line tracks at 67% below the HPI over time, until the February 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 15 STOCKHILL DRIVE be worth now?

15 STOCKHILL DRIVE might now be worth an estimated £301,672.

This is based on house price inflation of 43.7%, between February 2016 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 43.7% inflationary increase is applied to the most recent sale price for 15 STOCKHILL DRIVE of £210,000 on 8th February 2016. For the value to have increased from £210,000 to £301,672 over the nine years to February 2025, the following assumptions must hold true:

• The value of 15 STOCKHILL DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The February 2016 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 STOCKHILL DRIVE has not materially changed since February 2016.

How Large is 15 STOCKHILL DRIVE?

15 STOCKHILL DRIVE is 80m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 15 STOCKHILL DRIVE lies on this distribution: 12% of detached houses houses are smaller than 15 STOCKHILL DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 STOCKHILL DRIVE: Plot and Title Map

15 STOCKHILL DRIVE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 15 STOCKHILL 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 15 STOCKHILL 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 15 STOCKHILL DRIVE?

15 STOCKHILL DRIVE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 15 on STOCKHILL DRIVE.