27, PIKE DRIVE, BIRMINGHAM, B37 7FU - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 PIKE DRIVE is a very small detached house of 85m². It was last sold for £225,000 in December 2021, which was around 59% below the average December 2021 detached price in the Solihull local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was A.

27 PIKE DRIVE Sold Prices

Land registry data shows two sales for 27 PIKE 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 Solihull local authority area for the corresponding sale date. Both of the two 27 PIKE 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
2021 16 DEC	£225,000	£551,803	59% below HPI
2015 27 MAR	£172,000	£387,292	56% below HPI

27 PIKE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 27 PIKE DRIVE sales from March 2015 and December 2021 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 March 2015 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the December 2021 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is 27 PIKE DRIVE?

27 PIKE DRIVE is 85m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 PIKE DRIVE lies on this distribution: 16% of detached houses are smaller than 27 PIKE DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

27 PIKE DRIVE: Plot and Title Map

27 PIKE DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 27 PIKE 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 PIKE 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 PIKE DRIVE?

27 PIKE DRIVE is located in BIRMINGHAM, in the B37 postcode district. The below map shows the position of No. 27 on PIKE DRIVE.