1F, THE DRIVE, ERDINGTON, BIRMINGHAM, B23 7NG - £123,000

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

1F THE DRIVE is a large extended semi-detached house of 138m², built sometime between 1950 and 1966. It was last sold for £123,000 in March 2016, which was around 58% below the average March 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

1F THE DRIVE Sold Prices

Land registry data shows two sales for 1F THE 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 Birmingham local authority area for the corresponding sale date. One of the two 1F THE DRIVE sales was for below 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
2016 24 MAR	£123,000	£294,400	58% below HPI
1998 4 JUN	£250,000	£103,627	141% above HPI

1F 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 two 1F THE DRIVE sales from June 1998 and March 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 June 1998 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the March 2016 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 1F THE DRIVE?

1F THE DRIVE is 138m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 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 1F THE DRIVE lies on this distribution: 69% of detached houses are smaller than 1F THE DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

1F THE DRIVE: Plot and Title Map

1F THE DRIVE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 1F 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 1F 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 1F THE DRIVE?

1F THE DRIVE is located in ERDINGTON, in the B23 postcode district. The below map shows the position of No. 1F on THE DRIVE.