2, CHELSEA DRIVE, SUTTON COLDFIELD, B74 4UG - £320,000

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

2 CHELSEA DRIVE is a midsized detached house of 125m², built sometime between 1967 and 1975. It was last sold for £320,000 in December 2014, which was around 18% above the average December 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

2 CHELSEA DRIVE Sold Prices

Land registry data shows three sales for 2 CHELSEA 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. Two of the three 2 CHELSEA DRIVE sales were for above the average price, whilst one was 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
2014 19 DEC	£320,000	£271,751	18% above HPI
2001 11 DEC	£160,000	£148,616	8% above HPI
1995 25 JUL	£71,000	£90,762	22% below HPI

2 CHELSEA 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 2 CHELSEA DRIVE sales between July 1995 and December 2014 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 December 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2014 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 CHELSEA DRIVE?

2 CHELSEA DRIVE is 125m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 2 CHELSEA DRIVE lies on this distribution: 48% of detached houses are smaller than 2 CHELSEA DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

2 CHELSEA DRIVE: Plot and Title Map

2 CHELSEA DRIVE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 2 CHELSEA 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 2 CHELSEA 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 2 CHELSEA DRIVE?

2 CHELSEA DRIVE is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 2 on CHELSEA DRIVE.