6, CHESTNUT DRIVE, ERDINGTON, BIRMINGHAM, B24 0DN - £390,000

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

6 CHESTNUT DRIVE is a midsized extended detached house of 110m², built sometime between 1930 and 1949. It was last sold for £390,000 in February 2024, which was around 9% below the average February 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

6 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 6 CHESTNUT 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 6 CHESTNUT 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
2024 23 FEB	£390,000	£430,487	9% below HPI
2009 7 OCT	£114,892	£241,534	52% below HPI

6 CHESTNUT 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 6 CHESTNUT DRIVE sales from October 2009 and February 2024 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 October 2009 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the February 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 6 CHESTNUT DRIVE?

6 CHESTNUT DRIVE is 110m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the smallest 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 6 CHESTNUT DRIVE lies on this distribution: 44% of detached houses are smaller than 6 CHESTNUT DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

6 CHESTNUT DRIVE: Plot and Title Map

6 CHESTNUT DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 6 CHESTNUT 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 6 CHESTNUT 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 6 CHESTNUT DRIVE?

6 CHESTNUT DRIVE is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 6 on CHESTNUT DRIVE.