31, THE DREEL, BIRMINGHAM, B15 3NS - £451,050

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.

31 THE DREEL is a midsized extended detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £659,281. It was last sold for £451,050 in July 2016, which was around 52% above the average July 2016 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

31 THE DREEL Sold Prices

Land registry data shows two sales for 31 THE DREEL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 31 THE DREEL 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
2016 28 JUL	£451,050	£296,893	52% above HPI
2006 11 JAN	£318,000	£243,093	31% above HPI

31 THE DREEL 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 two 31 THE DREEL sales from January 2006 and July 2016 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 January 2006 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2016 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 31 THE DREEL be worth now?

31 THE DREEL might now be worth an estimated £659,281.

This is based on house price inflation of 46.2%, between July 2016 and February 2025, 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 46.2% inflationary increase is applied to the most recent sale price for 31 THE DREEL of £451,050 on 28th July 2016. For the value to have increased from £451,050 to £659,281 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 31 THE DREEL has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The July 2016 sale price of £451,050 represented a fair market value for the property.
• The size, condition, and specification of 31 THE DREEL has not materially changed since July 2016.

How Large is 31 THE DREEL?

31 THE DREEL is 122m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 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 31 THE DREEL lies on this distribution: 57% of detached houses houses are smaller than 31 THE DREEL, and 42% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

31 THE DREEL: Plot and Title Map

31 THE DREEL sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 31 THE DREEL, 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 THE DREEL). 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 THE DREEL?

31 THE DREEL is located in BIRMINGHAM, in the B15 postcode district. The below map shows the position of No. 31 on THE DREEL.