5, GLOVERSFIELD DRIVE, BIRMINGHAM, B7 5UB - £70,000

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

5 GLOVERSFIELD DRIVE is a very small semi-detached house of 77m², built sometime between 1967 and 1975. It was last sold for £70,000 in January 2015, which was around 74% below the average January 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

5 GLOVERSFIELD DRIVE Sold Prices

Land registry data shows two sales for 5 GLOVERSFIELD 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 Birmingham local authority area for the corresponding sale date. Both of the two 5 GLOVERSFIELD 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
2015 16 JAN	£70,000	£270,154	74% below HPI
2006 14 NOV	£40,000	£258,737	85% below HPI

5 GLOVERSFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 5 GLOVERSFIELD DRIVE sales from November 2006 and January 2015 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 November 2006 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the January 2015 sale, where it rises to 74% below the HPI. The line then continues to track at 74% below the HPI.

How Large is 5 GLOVERSFIELD DRIVE?

5 GLOVERSFIELD DRIVE is 77m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 5 GLOVERSFIELD DRIVE lies on this distribution: 9% of detached houses are smaller than 5 GLOVERSFIELD DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 GLOVERSFIELD DRIVE: Plot and Title Map

5 GLOVERSFIELD DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 GLOVERSFIELD 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 5 GLOVERSFIELD 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 5 GLOVERSFIELD DRIVE?

5 GLOVERSFIELD DRIVE is located in BIRMINGHAM, in the B7 postcode district. The below map shows the position of No. 5 on GLOVERSFIELD DRIVE.