24, PEPPER WOOD DRIVE, NORTHFIELD, BIRMINGHAM, B31 5HX - £229,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 PEPPER WOOD DRIVE is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £312,636. It was last sold for £229,000 in July 2017, which was around 28% below the average July 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

24 PEPPER WOOD DRIVE Sold Prices

Land registry data shows four sales for 24 PEPPER WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 24 PEPPER WOOD 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
2017 28 JUL	£229,000	£317,865	28% below HPI
2012 13 APR	£165,000	£240,612	31% below HPI
2003 30 SEP	£165,000	£213,503	23% below HPI
2001 29 JUN	£124,950	£138,003	9% below HPI

24 PEPPER WOOD 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 four 24 PEPPER WOOD DRIVE sales between June 2001 and July 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 April 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 24 PEPPER WOOD DRIVE be worth now?

24 PEPPER WOOD DRIVE might now be worth an estimated £312,636.

This is based on house price inflation of 36.5%, between July 2017 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.5% inflationary increase is applied to the most recent sale price for 24 PEPPER WOOD DRIVE of £229,000 on 28th July 2017. For the value to have increased from £229,000 to £312,636 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 24 PEPPER WOOD DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The July 2017 sale price of £229,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PEPPER WOOD DRIVE has not materially changed since July 2017.

How Large is 24 PEPPER WOOD DRIVE?

24 PEPPER WOOD DRIVE is 93m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 30% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 24 PEPPER WOOD DRIVE lies on this distribution: 26% of detached houses houses are smaller than 24 PEPPER WOOD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

24 PEPPER WOOD DRIVE: Plot and Title Map

24 PEPPER WOOD DRIVE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 24 PEPPER WOOD 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 24 PEPPER WOOD 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 24 PEPPER WOOD DRIVE?

24 PEPPER WOOD DRIVE is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 24 on PEPPER WOOD DRIVE.