38, SORREL DRIVE, KINGSBURY, TAMWORTH, B78 2PQ - £240,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 SORREL DRIVE is a small extended semi-detached house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £241,676. It was last sold for £240,000 in December 2022, which was around 6% below the average December 2022 semi-detached price in the North Warwickshire local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

38 SORREL DRIVE Sold Prices

Land registry data shows four sales for 38 SORREL DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Warwickshire local authority area for the corresponding sale date. All of the four 38 SORREL 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
2022 16 DEC	£240,000	£255,182	6% below HPI
2006 7 JUN	£140,000	£163,181	14% below HPI
2002 27 SEP	£93,000	£105,319	12% below HPI
1999 26 FEB	£62,000	£65,472	5% below HPI

38 SORREL DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Warwickshire local authority area over time, sourced from the HPI. The four 38 SORREL DRIVE sales between February 1999 and December 2022 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 June 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 38 SORREL DRIVE be worth now?

38 SORREL DRIVE might now be worth an estimated £241,676.

This is based on house price inflation of 0.7%, between December 2022 and December 2024, for semi-detached houses, in the North Warwickshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% inflationary increase is applied to the most recent sale price for 38 SORREL DRIVE of £240,000 on 16th December 2022. For the value to have increased from £240,000 to £241,676 over the two years to December 2024, the following assumptions must hold true:

• The value of 38 SORREL DRIVE has moved in line with the HPI for semi-detached houses in the North Warwickshire local authority area.
• The December 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SORREL DRIVE has not materially changed since December 2022.

How Large is 38 SORREL DRIVE?

38 SORREL DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 40% of semi-detached houses houses in Kingsbury, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Kingsbury, and where 38 SORREL DRIVE lies on this distribution: 34% of semi-detached houses houses are smaller than 38 SORREL DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Kingsbury.

38 SORREL DRIVE: Plot and Title Map

38 SORREL DRIVE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 38 SORREL 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 38 SORREL 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 38 SORREL DRIVE?

38 SORREL DRIVE is located in KINGSBURY, in the B78 postcode district. The below map shows the position of No. 38 on SORREL DRIVE.