55, OAKFIELD DRIVE, COFTON HACKETT, BIRMINGHAM, B45 8AN - £385,000

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

55 OAKFIELD DRIVE is a midsized detached house of 122m². It was last sold for £385,000 in November 2018, which was around 9% below the average November 2018 detached price in the Bromsgrove local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

55 OAKFIELD DRIVE Sold Prices

Land registry data shows two sales for 55 OAKFIELD 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 55 OAKFIELD 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
2018 30 NOV	£385,000	£421,167	9% below HPI
2015 17 DEC	£321,995	£359,911	11% below HPI

55 OAKFIELD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 55 OAKFIELD DRIVE sales from December 2015 and November 2018 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 December 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 55 OAKFIELD DRIVE?

55 OAKFIELD DRIVE is 122m² according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 55 OAKFIELD DRIVE lies on this distribution: 57% of detached houses are smaller than 55 OAKFIELD DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

55 OAKFIELD DRIVE: Plot and Title Map

55 OAKFIELD DRIVE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 55 OAKFIELD 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 55 OAKFIELD 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 55 OAKFIELD DRIVE?

55 OAKFIELD DRIVE is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 55 on OAKFIELD DRIVE.