26, CHESTNUT DRIVE, HAGLEY, STOURBRIDGE, DY9 0GH - £310,000

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.

26 CHESTNUT DRIVE is a very small detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £446,305. It was last sold for £310,000 in March 2016, which was around 15% below the average March 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

26 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 26 CHESTNUT 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 26 CHESTNUT 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
2016 30 MAR	£310,000	£363,442	15% below HPI
2005 30 JUN	£68,600	£286,898	76% below HPI

26 CHESTNUT DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 26 CHESTNUT DRIVE sales from June 2005 and March 2016 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 June 2005 sale was for 76% below the HPI. So the extrapolation line tracks at 76% below the HPI over time, until the March 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 26 CHESTNUT DRIVE be worth now?

26 CHESTNUT DRIVE might now be worth an estimated £446,305.

This is based on house price inflation of 44%, between March 2016 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44% inflationary increase is applied to the most recent sale price for 26 CHESTNUT DRIVE of £310,000 on 30th March 2016. For the value to have increased from £310,000 to £446,305 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 26 CHESTNUT DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The March 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 26 CHESTNUT DRIVE has not materially changed since March 2016.

How Large is 26 CHESTNUT DRIVE?

26 CHESTNUT DRIVE is 102m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hagley, and where 26 CHESTNUT DRIVE lies on this distribution: 13% of detached houses houses are smaller than 26 CHESTNUT DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hagley.

26 CHESTNUT DRIVE: Plot and Title Map

26 CHESTNUT DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 26 CHESTNUT 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 26 CHESTNUT 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 26 CHESTNUT DRIVE?

26 CHESTNUT DRIVE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 26 on CHESTNUT DRIVE.