4, THE DRIVE, HOPWOOD, BIRMINGHAM, B48 7AH - £456,000

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.

4 THE DRIVE is a midsized detached house of 132m², built sometime between 1930 and 1949, which could now be worth an estimated £626,526. It was last sold for £456,000 in December 2016, which was around 20% above the average December 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was August 2016, where the current energy rating was E, and the potential energy rating was C.

4 THE DRIVE Sold Prices

Land registry data shows two sales for 4 THE 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 Bromsgrove local authority area for the corresponding sale date. One of the two 4 THE DRIVE sales was for above the average price, whilst the other was 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
2016 16 DEC	£456,000	£380,830	20% above HPI
2002 17 DEC	£115,000	£219,310	48% below HPI

4 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 4 THE DRIVE sales from December 2002 and December 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 December 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 4 THE DRIVE be worth now?

4 THE DRIVE might now be worth an estimated £626,526.

This is based on house price inflation of 37.4%, between December 2016 and February 2025, for detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.4% inflationary increase is applied to the most recent sale price for 4 THE DRIVE of £456,000 on 16th December 2016. For the value to have increased from £456,000 to £626,526 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 THE DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The December 2016 sale price of £456,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE DRIVE has not materially changed since December 2016.

How Large is 4 THE DRIVE?

4 THE DRIVE is 132m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses houses in Hopwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hopwood, and where 4 THE DRIVE lies on this distribution: 41% of detached houses houses are smaller than 4 THE DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hopwood.

4 THE DRIVE: Plot and Title Map

4 THE DRIVE sits on a plot of roughly 0.397 of an acre, or 1,607m². The below map shows the location of 4 THE 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 THE 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 THE DRIVE?

4 THE DRIVE is located in HOPWOOD, in the B48 postcode district. The below map shows the position of No. 4 on THE DRIVE.