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 GRANDBOROUGH DRIVE is a large detached house of 141m², built sometime between 1983 and 1990. It was last sold for £746,780 in December 2022, which was around 24% above the average December 2022 detached price in the Solihull local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 5 GRANDBOROUGH DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two 5 GRANDBOROUGH 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 12 DEC | £746,780 | £602,028 | 24% above HPI |
2005 26 JAN | £429,000 | £324,338 | 32% above HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 5 GRANDBOROUGH DRIVE sales from January 2005 and December 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 January 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the December 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
5 GRANDBOROUGH DRIVE is 141m² according to the EPC inspection conducted in October 2020. This puts it in the largest 40% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 5 GRANDBOROUGH DRIVE lies on this distribution: 61% of detached houses are smaller than 5 GRANDBOROUGH DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Solihull.
5 GRANDBOROUGH DRIVE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 5 GRANDBOROUGH 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 GRANDBOROUGH 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.
5 GRANDBOROUGH DRIVE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 5 on GRANDBOROUGH DRIVE.