218, PARKFIELD DRIVE, BIRMINGHAM, B36 9TY - £390,000

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

218 PARKFIELD DRIVE is a large extended detached house of 156m², built sometime between 1976 and 1982. It was last sold for £390,000 in February 2021, which was around 25% below the average February 2021 detached price in the Solihull local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

218 PARKFIELD DRIVE Sold Prices

Land registry data shows two sales for 218 PARKFIELD 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 Solihull local authority area for the corresponding sale date. Both of the two 218 PARKFIELD 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
2021 1 FEB	£390,000	£518,285	25% below HPI
1995 31 MAR	£83,000	£121,618	32% below HPI

218 PARKFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 218 PARKFIELD DRIVE sales from March 1995 and February 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 March 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 218 PARKFIELD DRIVE?

218 PARKFIELD DRIVE is 156m², which includes three extensions, according to the EPC inspection conducted in November 2019. This puts it in the largest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 218 PARKFIELD DRIVE lies on this distribution: 78% of detached houses are smaller than 218 PARKFIELD DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

218 PARKFIELD DRIVE: Plot and Title Map

218 PARKFIELD DRIVE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 218 PARKFIELD 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 218 PARKFIELD 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 218 PARKFIELD DRIVE?

218 PARKFIELD DRIVE is located in BIRMINGHAM, in the B36 postcode district. The below map shows the position of No. 218 on PARKFIELD DRIVE.