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
5 HOLMES DRIVE is a small extended detached house of 106m², built sometime between 1976 and 1982. It was last sold for £235,000 in June 2019, which was around 46% below the average June 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 5 HOLMES DRIVE since 1st 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. Both of the two 5 HOLMES 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 |
---|---|---|---|
2019 28 JUN | £235,000 | £434,313 | 46% below HPI |
2000 24 JUL | £115,000 | £156,748 | 27% below HPI |
The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 5 HOLMES DRIVE sales from July 2000 and June 2019 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 July 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2019 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
5 HOLMES DRIVE is 106m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% 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 HOLMES DRIVE lies on this distribution: 39% of detached houses are smaller than 5 HOLMES DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
5 HOLMES DRIVE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 5 HOLMES 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 HOLMES 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 HOLMES DRIVE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 5 on HOLMES DRIVE.