3, PARKWOOD DRIVE, SUTTON COLDFIELD, B73 6RJ - £210,000

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.

3 PARKWOOD DRIVE is a small extended semi-detached house of 108m², built sometime between 1950 and 1966, which could now be worth an estimated £398,324. It was last sold for £210,000 in August 2011, which was around 48% above the average August 2011 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

3 PARKWOOD DRIVE Sold Prices

Land registry data shows two sales for 3 PARKWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 3 PARKWOOD 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
2011 19 AUG	£210,000	£142,058	48% above HPI
2000 31 MAR	£103,000	£62,235	66% above HPI

3 PARKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 3 PARKWOOD DRIVE sales from March 2000 and August 2011 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 2000 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the August 2011 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 3 PARKWOOD DRIVE be worth now?

3 PARKWOOD DRIVE might now be worth an estimated £398,324.

This is based on house price inflation of 89.7%, between August 2011 and February 2025, for semi-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 89.7% inflationary increase is applied to the most recent sale price for 3 PARKWOOD DRIVE of £210,000 on 19th August 2011. For the value to have increased from £210,000 to £398,324 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 3 PARKWOOD DRIVE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The August 2011 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARKWOOD DRIVE has not materially changed since August 2011.

How Large is 3 PARKWOOD DRIVE?

3 PARKWOOD DRIVE is 108m², which includes three extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% of semi-detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Royal Sutton Coldfield, and where 3 PARKWOOD DRIVE lies on this distribution: 30% of semi-detached houses houses are smaller than 3 PARKWOOD DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

3 PARKWOOD DRIVE: Plot and Title Map

3 PARKWOOD DRIVE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 PARKWOOD 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 PARKWOOD 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 PARKWOOD DRIVE?

3 PARKWOOD DRIVE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 3 on PARKWOOD DRIVE.