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
4 SARACEN DRIVE is a very small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £180,000 in October 2003, which was around 18% below the average October 2003 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 4 SARACEN DRIVE since 1st 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 4 SARACEN 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 |
---|---|---|---|
2003 24 OCT | £180,000 | £220,356 | 18% below HPI |
2002 16 MAY | £135,500 | £158,644 | 15% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 4 SARACEN DRIVE sales from May 2002 and October 2003 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 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2003 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.
4 SARACEN DRIVE is 94m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 4 SARACEN DRIVE lies on this distribution: 15% of detached houses are smaller than 4 SARACEN DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
4 SARACEN DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 4 SARACEN 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 SARACEN 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.
4 SARACEN DRIVE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 4 on SARACEN DRIVE.