3, SALMON DRIVE, BIRMINGHAM, B37 7GA - £250,000

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 SALMON DRIVE is a midsized detached house of 109m², which could now be worth an estimated £271,865. It was last sold for £250,000 in October 2021, which was around 53% below the average October 2021 detached price in the Solihull local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

3 SALMON DRIVE Sold Prices

Land registry data shows two sales for 3 SALMON 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 3 SALMON 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 22 OCT	£250,000	£536,337	53% below HPI
2017 31 MAR	£235,995	£434,162	46% below HPI

3 SALMON 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 3 SALMON DRIVE sales from March 2017 and October 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 2017 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2021 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 3 SALMON DRIVE be worth now?

3 SALMON DRIVE might now be worth an estimated £271,865.

This is based on house price inflation of 8.7%, between October 2021 and February 2025, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 3 SALMON DRIVE of £250,000 on 22nd October 2021. For the value to have increased from £250,000 to £271,865 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 SALMON DRIVE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The October 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SALMON DRIVE has not materially changed since October 2021.

How Large is 3 SALMON DRIVE?

3 SALMON DRIVE is 109m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 3 SALMON DRIVE lies on this distribution: 42% of detached houses houses are smaller than 3 SALMON DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 SALMON DRIVE: Plot and Title Map

3 SALMON DRIVE sits on a plot of roughly 4.3 acres, or 17,339m². The below map shows the location of 3 SALMON 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 SALMON 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 SALMON DRIVE?

3 SALMON DRIVE is located in BIRMINGHAM, in the B37 postcode district. The below map shows the position of No. 3 on SALMON DRIVE.