27, CHESTNUT DRIVE, HAGLEY, STOURBRIDGE, DY9 0GH - £325,000

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 CHESTNUT DRIVE is a very small detached house of 91m², built sometime between 2003 and 2006. It was last sold for £325,000 in August 2023, which was around 37% below the average August 2023 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

27 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 27 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 27 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
2023 17 AUG	£325,000	£516,398	37% below HPI
2005 29 JUL	£210,000	£283,467	26% below HPI

27 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 27 CHESTNUT DRIVE sales from July 2005 and August 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 July 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 27 CHESTNUT DRIVE?

27 CHESTNUT DRIVE is 91m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Hagley, based on EPC data. The below chart shows the distribution of detached houses by size in Hagley, and where 27 CHESTNUT DRIVE lies on this distribution: 8% of detached houses are smaller than 27 CHESTNUT DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Hagley.

27 CHESTNUT DRIVE: Plot and Title Map

27 CHESTNUT DRIVE sits on a plot of roughly 0.027 of an acre, or 110m². The below map shows the location of 27 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 27 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 27 CHESTNUT DRIVE?

27 CHESTNUT DRIVE is located in HAGLEY, in the DY9 postcode district. The below map shows the position of No. 27 on CHESTNUT DRIVE.