16, HOLMES DRIVE, RUBERY, BIRMINGHAM, B45 9ED - £285,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 HOLMES DRIVE is a small extended detached house of 100m², built sometime between 1976 and 1982. It was last sold for £285,000 in January 2018, which was around 28% below the average January 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

16 HOLMES DRIVE Sold Prices

Land registry data shows four sales for 16 HOLMES 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 Bromsgrove local authority area for the corresponding sale date. All of the four 16 HOLMES 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
2018 23 JAN	£285,000	£395,311	28% below HPI
2015 30 JAN	£230,000	£335,835	32% below HPI
2011 2 SEP	£210,000	£299,124	30% below HPI
2000 1 DEC	£115,000	£160,258	28% below HPI

16 HOLMES 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 four 16 HOLMES DRIVE sales between December 2000 and January 2018 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 January 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 16 HOLMES DRIVE?

16 HOLMES DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 16 HOLMES DRIVE lies on this distribution: 34% of detached houses are smaller than 16 HOLMES DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

16 HOLMES DRIVE: Plot and Title Map

16 HOLMES DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 16 HOLMES 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 HOLMES 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 HOLMES DRIVE?

16 HOLMES DRIVE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 16 on HOLMES DRIVE.