Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
34 FARNBOROUGH DRIVE is a large extended detached house of 166m², built sometime between 1983 and 1990. It was last sold for £415,000 in August 2015, which was around 5% above the average August 2015 detached price in the Solihull local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 34 FARNBOROUGH DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Most of the five 34 FARNBOROUGH 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 |
---|---|---|---|
2015 7 AUG | £415,000 | £396,562 | 5% above HPI |
2003 15 AUG | £238,000 | £282,000 | 16% below HPI |
2001 7 JUN | £170,500 | £203,945 | 16% below HPI |
2000 20 APR | £159,950 | £177,896 | 10% below HPI |
1999 21 MAY | £127,000 | £159,830 | 21% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The five 34 FARNBOROUGH DRIVE sales between May 1999 and August 2015 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 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.
34 FARNBOROUGH DRIVE is 166m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 30% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 34 FARNBOROUGH DRIVE lies on this distribution: 76% of detached houses are smaller than 34 FARNBOROUGH DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Solihull.
34 FARNBOROUGH DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 34 FARNBOROUGH 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 34 FARNBOROUGH 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.
34 FARNBOROUGH DRIVE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 34 on FARNBOROUGH DRIVE.