3, CHATER DRIVE, SUTTON COLDFIELD, B76 2BJ - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 CHATER DRIVE is a midsized detached house of 126m², built sometime between 1991 and 1995, which could now be worth an estimated £477,922. It was last sold for £265,000 in June 2012, which was around 10% above the average June 2012 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

3 CHATER DRIVE Sold Prices

Land registry data shows three sales for 3 CHATER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 3 CHATER DRIVE sales were for above 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
2012 25 JUN	£265,000	£239,987	10% above HPI
2005 26 AUG	£265,000	£241,493	10% above HPI
2002 29 MAY	£181,000	£155,583	16% above HPI

3 CHATER 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 three 3 CHATER DRIVE sales between May 2002 and June 2012 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 August 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2012 sale, which was also at 10% above the HPI.

What might 3 CHATER DRIVE be worth now?

3 CHATER DRIVE might now be worth an estimated £477,922.

This is based on house price inflation of 80.3%, between June 2012 and December 2024, 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 80.3% inflationary increase is applied to the most recent sale price for 3 CHATER DRIVE of £265,000 on 25th June 2012. For the value to have increased from £265,000 to £477,922 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 3 CHATER DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The June 2012 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHATER DRIVE has not materially changed since June 2012.

How Large is 3 CHATER DRIVE?

3 CHATER DRIVE is 126m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 50% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 3 CHATER DRIVE lies on this distribution: 49% of detached houses houses are smaller than 3 CHATER DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

3 CHATER DRIVE: Plot and Title Map

3 CHATER DRIVE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 3 CHATER 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 3 CHATER 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 3 CHATER DRIVE?

3 CHATER DRIVE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 3 on CHATER DRIVE.