16, THE DRIVE, ERDINGTON, BIRMINGHAM, B23 7NG - £153,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

16 THE DRIVE is a very small extended semi-detached house of 75m², built sometime between 1930 and 1949. It was last sold for £153,000 in October 2016, which was around 50% below the average October 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

16 THE DRIVE Sold Prices

Land registry data shows five sales for 16 THE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the five 16 THE 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 28 OCT	£153,000	£308,067	50% below HPI
2016 24 MAR	£123,500	£294,400	58% below HPI
2005 8 APR	£128,450	£244,248	47% below HPI
2003 31 OCT	£95,000	£220,356	57% below HPI
2001 19 JAN	£50,000	£131,557	62% below HPI

16 THE 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 five 16 THE DRIVE sales between January 2001 and October 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 March 2016 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the October 2016 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 16 THE DRIVE?

16 THE DRIVE is 75m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% 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 THE DRIVE lies on this distribution: 8% of detached houses are smaller than 16 THE DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

16 THE DRIVE: Plot and Title Map

16 THE DRIVE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 16 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 16 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 16 THE DRIVE?

16 THE DRIVE is located in ERDINGTON, in the B23 postcode district. The below map shows the position of No. 16 on THE DRIVE.