5, SPARREY DRIVE, BIRMINGHAM, B30 2LX - £325,000

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.

5 SPARREY DRIVE is a small extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £436,878. It was last sold for £325,000 in August 2017, which was around 1% above the average August 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

5 SPARREY DRIVE Sold Prices

Land registry data shows two sales for 5 SPARREY 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. One of the two 5 SPARREY 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
2017 11 AUG	£325,000	£322,826	1% above HPI
2009 9 JUL	£172,500	£224,296	23% below HPI

5 SPARREY 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 SPARREY DRIVE sales from July 2009 and August 2017 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 2009 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 5 SPARREY DRIVE be worth now?

5 SPARREY DRIVE might now be worth an estimated £436,878.

This is based on house price inflation of 34.4%, between August 2017 and February 2025, for detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 34.4% inflationary increase is applied to the most recent sale price for 5 SPARREY DRIVE of £325,000 on 11th August 2017. For the value to have increased from £325,000 to £436,878 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 5 SPARREY DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The August 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SPARREY DRIVE has not materially changed since August 2017.

How Large is 5 SPARREY DRIVE?

5 SPARREY DRIVE is 101m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 5 SPARREY DRIVE lies on this distribution: 34% of detached houses houses are smaller than 5 SPARREY DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 SPARREY DRIVE: Plot and Title Map

5 SPARREY DRIVE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 SPARREY 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 SPARREY 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 SPARREY DRIVE?

5 SPARREY DRIVE is located in BIRMINGHAM, in the B30 postcode district. The below map shows the position of No. 5 on SPARREY DRIVE.