27, CHEADLE DRIVE, BIRMINGHAM, B23 5XF - £330,000

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.

27 CHEADLE DRIVE is a small detached house of 97m², built sometime between 1983 and 1990, which could now be worth an estimated £327,028. It was last sold for £330,000 in March 2023, which was around 25% below the average March 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was A.

27 CHEADLE DRIVE Sold Prices

Land registry data shows five sales for 27 CHEADLE DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. The five 27 CHEADLE DRIVE sales were a mix of below the average price, and roughly equal to 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
2023 15 MAR	£330,000	£437,900	25% below HPI
2023 24 FEB	£325,000	£445,771	27% below HPI
2011 23 NOV	£194,000	£241,909	20% below HPI
2006 6 SEP	£195,000	£250,137	22% below HPI
2000 15 DEC	£127,500	£127,676	Close to HPI

27 CHEADLE 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 five 27 CHEADLE DRIVE sales between December 2000 and March 2023 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 February 2023 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 27 CHEADLE DRIVE be worth now?

27 CHEADLE DRIVE might now be worth an estimated £327,028.

This is based on house price deflation of 0.9%, between March 2023 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 0.9% deflationary decrease is applied to the most recent sale price for 27 CHEADLE DRIVE of £330,000 on 15th March 2023. For the value to have decreased from £330,000 to £327,028 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 27 CHEADLE DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 27 CHEADLE DRIVE has not materially changed since March 2023.

How Large is 27 CHEADLE DRIVE?

27 CHEADLE DRIVE is 97m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 40% 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 27 CHEADLE DRIVE lies on this distribution: 30% of detached houses houses are smaller than 27 CHEADLE DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

27 CHEADLE DRIVE: Plot and Title Map

27 CHEADLE DRIVE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 27 CHEADLE 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 27 CHEADLE 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 27 CHEADLE DRIVE?

27 CHEADLE DRIVE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 27 on CHEADLE DRIVE.