2, ELM DRIVE, OVERSLEY GREEN, ALCESTER, B49 6PJ - £490,000

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 ELM DRIVE is a large extended detached house of 189m², built sometime between 1950 and 1966. It was last sold for £490,000 in May 2017, which was around 8% above the average May 2017 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

2 ELM DRIVE Sold Prices

Land registry data shows two sales for 2 ELM 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 Stratford-on-Avon local authority area for the corresponding sale date. One of the two 2 ELM DRIVE sales was for above the average price, whilst the other 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
2017 15 MAY	£490,000	£454,181	8% above HPI
2005 25 NOV	£312,000	£335,185	7% below HPI

2 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two 2 ELM DRIVE sales from November 2005 and May 2017 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 November 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 2 ELM DRIVE?

2 ELM DRIVE is 189m², which includes three extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses in Oversley Green, based on EPC data. The below chart shows the distribution of detached houses by size in Oversley Green, and where 2 ELM DRIVE lies on this distribution: 77% of detached houses are smaller than 2 ELM DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Oversley Green.

2 ELM DRIVE: Plot and Title Map

2 ELM DRIVE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 2 ELM 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 ELM 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 ELM DRIVE?

2 ELM DRIVE is located in OVERSLEY GREEN, in the B49 postcode district. The below map shows the position of No. 2 on ELM DRIVE.