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

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

27 CHEADLE DRIVE is a small detached house of 97m², built sometime between 1983 and 1990. It was last sold for £330,000 in March 2023, which was around 26% 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. All of the five 27 CHEADLE 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
2023 15 MAR	£330,000	£446,514	26% below HPI
2023 24 FEB	£325,000	£454,540	28% below HPI
2011 23 NOV	£194,000	£246,668	21% below HPI
2006 6 SEP	£195,000	£255,057	24% below HPI
2000 15 DEC	£127,500	£130,187	2% below 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

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 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 27 CHEADLE DRIVE lies on this distribution: 30% of detached 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.