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
40 WILLOUGHBY DRIVE is a midsized extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £737,000 in May 2022, which was around 30% above the average May 2022 detached price in the Solihull local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 40 WILLOUGHBY DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three 40 WILLOUGHBY 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 |
---|---|---|---|
2022 30 MAY | £737,000 | £566,953 | 30% above HPI |
2003 27 MAR | £350,000 | £273,045 | 28% above HPI |
1995 25 AUG | £145,000 | £121,405 | 19% above HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 40 WILLOUGHBY DRIVE sales between August 1995 and May 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 March 2003 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the May 2022 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.
40 WILLOUGHBY DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 50% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 40 WILLOUGHBY DRIVE lies on this distribution: 46% of detached houses are smaller than 40 WILLOUGHBY DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Solihull.
40 WILLOUGHBY DRIVE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 40 WILLOUGHBY 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 40 WILLOUGHBY 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.
40 WILLOUGHBY DRIVE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 40 on WILLOUGHBY DRIVE.