4, ELM DRIVE, BIRMINGHAM, B43 6AT - £147,000

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

4 ELM DRIVE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £147,000 in October 2002, which was around 22% above the average October 2002 detached price in the Sandwell local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

4 ELM DRIVE Sold Prices

Land registry data shows two sales for 4 ELM 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 Sandwell local authority area for the corresponding sale date. Both of the two 4 ELM DRIVE 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
2002 18 OCT	£147,000	£120,122	22% above HPI
1998 12 JUN	£79,000	£73,982	7% above HPI

4 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 4 ELM DRIVE sales from June 1998 and October 2002 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 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2002 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 4 ELM DRIVE?

4 ELM DRIVE is 76m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 4 ELM DRIVE lies on this distribution: 11% of detached houses are smaller than 4 ELM DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

4 ELM DRIVE: Plot and Title Map

4 ELM DRIVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 4 ELM 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 4 ELM 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 4 ELM DRIVE?

4 ELM DRIVE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 4 on ELM DRIVE.