16, CHATER DRIVE, SUTTON COLDFIELD, B76 2BJ - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 CHATER DRIVE is a very small extended detached house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £283,797. It was last sold for £250,000 in April 2021, which was around 34% below the average April 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

16 CHATER DRIVE Sold Prices

Land registry data shows three sales for 16 CHATER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 16 CHATER 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
2021 26 APR	£250,000	£381,269	34% below HPI
2000 12 MAY	£106,000	£117,191	10% below HPI
1995 15 DEC	£78,500	£86,957	10% below HPI

16 CHATER 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 three 16 CHATER DRIVE sales between December 1995 and April 2021 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 May 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 16 CHATER DRIVE be worth now?

16 CHATER DRIVE might now be worth an estimated £283,797.

This is based on house price inflation of 13.5%, between April 2021 and December 2024, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.5% inflationary increase is applied to the most recent sale price for 16 CHATER DRIVE of £250,000 on 26th April 2021. For the value to have increased from £250,000 to £283,797 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 16 CHATER DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The April 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHATER DRIVE has not materially changed since April 2021.

How Large is 16 CHATER DRIVE?

16 CHATER DRIVE is 69m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 16 CHATER DRIVE lies on this distribution: 2% of detached houses houses are smaller than 16 CHATER DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

16 CHATER DRIVE: Plot and Title Map

16 CHATER DRIVE sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 16 CHATER 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 16 CHATER 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 16 CHATER DRIVE?

16 CHATER DRIVE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 16 on CHATER DRIVE.