18, CHESTNUT DRIVE, HAGLEY, STOURBRIDGE, DY9 0GH - £455,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 CHESTNUT DRIVE is a small extended detached house of 136m², built sometime between 2003 and 2006. It was last sold for £455,000 in January 2021, which was about the average January 2021 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

18 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 18 CHESTNUT 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. One of the two 18 CHESTNUT DRIVE sales was roughly equal to the average price, whilst the other was 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
2021 29 JAN	£455,000	£453,614	Close to HPI
2005 20 OCT	£309,000	£288,809	7% above HPI

18 CHESTNUT 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 18 CHESTNUT DRIVE sales from October 2005 and January 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 October 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 CHESTNUT DRIVE?

18 CHESTNUT DRIVE is 136m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 18 CHESTNUT DRIVE lies on this distribution: 37% of detached houses are smaller than 18 CHESTNUT DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Hagley.

18 CHESTNUT DRIVE: Plot and Title Map

18 CHESTNUT DRIVE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 18 CHESTNUT 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 18 CHESTNUT 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 18 CHESTNUT DRIVE?

18 CHESTNUT DRIVE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 18 on CHESTNUT DRIVE.