31, GREAT FARLEY DRIVE, NORTHFIELD, BIRMINGHAM, B31 5HG - £225,000

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

31 GREAT FARLEY DRIVE is a small detached house of 92m², built sometime between 1996 and 2002. It was last sold for £225,000 in September 2017, which was around 32% below the average September 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

31 GREAT FARLEY DRIVE Sold Prices

Land registry data shows four sales for 31 GREAT FARLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 31 GREAT FARLEY 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
2017 8 SEP	£225,000	£331,552	32% below HPI
2007 1 MAY	£173,000	£262,556	34% below HPI
2004 16 APR	£169,950	£229,672	26% below HPI
2002 12 APR	£122,000	£154,857	21% below HPI

31 GREAT FARLEY 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 four 31 GREAT FARLEY DRIVE sales between April 2002 and September 2017 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 May 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2017 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 31 GREAT FARLEY DRIVE?

31 GREAT FARLEY DRIVE is 92m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 31 GREAT FARLEY DRIVE lies on this distribution: 25% of detached houses are smaller than 31 GREAT FARLEY DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

31 GREAT FARLEY DRIVE: Plot and Title Map

31 GREAT FARLEY DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 31 GREAT FARLEY 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 31 GREAT FARLEY 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 31 GREAT FARLEY DRIVE?

31 GREAT FARLEY DRIVE is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 31 on GREAT FARLEY DRIVE.