2, SPRINGSLADE DRIVE, BIRMINGHAM, B24 0JW - £130,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 SPRINGSLADE DRIVE is a very small extended detached house of 58m², built sometime between 2003 and 2006. It was last sold for £130,000 in June 2009, which was around 42% below the average June 2009 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

2 SPRINGSLADE DRIVE Sold Prices

Land registry data shows three sales for 2 SPRINGSLADE 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. All of the three 2 SPRINGSLADE 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
2009 17 JUN	£130,000	£224,351	42% below HPI
1999 12 NOV	£58,500	£115,083	49% below HPI
1998 26 MAR	£61,950	£100,746	39% below HPI

2 SPRINGSLADE 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 SPRINGSLADE DRIVE sales between March 1998 and June 2009 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 1999 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the June 2009 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 2 SPRINGSLADE DRIVE?

2 SPRINGSLADE DRIVE is 58m², which includes one extension, according to the EPC inspection conducted in January 2020. 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 2 SPRINGSLADE DRIVE lies on this distribution: 2% of detached houses are smaller than 2 SPRINGSLADE DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 SPRINGSLADE DRIVE: Plot and Title Map

2 SPRINGSLADE DRIVE sits on a plot of roughly 5.7 acres, or 23,090m². The below map shows the location of 2 SPRINGSLADE 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 SPRINGSLADE 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 SPRINGSLADE DRIVE?

2 SPRINGSLADE DRIVE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 2 on SPRINGSLADE DRIVE.