7, BALAAMS WOOD DRIVE, NORTHFIELD, BIRMINGHAM, B31 5HF - £248,500

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.

7 BALAAMS WOOD DRIVE is a small detached house of 105m², built sometime between 1996 and 2002, which could now be worth an estimated £417,639. It was last sold for £248,500 in July 2007, which was around 4% below the average July 2007 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

7 BALAAMS WOOD DRIVE Sold Prices

Land registry data shows three sales for 7 BALAAMS WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Two of the three 7 BALAAMS WOOD DRIVE sales were for below the average price, whilst one was 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
2007 6 JUL	£248,500	£258,209	4% below HPI
2002 29 MAY	£175,950	£155,583	13% above HPI
2002 22 FEB	£145,000	£146,129	1% below HPI

7 BALAAMS WOOD 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 three 7 BALAAMS WOOD DRIVE sales between February 2002 and July 2007 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 May 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2007 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 BALAAMS WOOD DRIVE be worth now?

7 BALAAMS WOOD DRIVE might now be worth an estimated £417,639.

This is based on house price inflation of 68.1%, between July 2007 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 68.1% inflationary increase is applied to the most recent sale price for 7 BALAAMS WOOD DRIVE of £248,500 on 6th July 2007. For the value to have increased from £248,500 to £417,639 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 BALAAMS WOOD DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The July 2007 sale price of £248,500 represented a fair market value for the property.
• The size, condition, and specification of 7 BALAAMS WOOD DRIVE has not materially changed since July 2007.

How Large is 7 BALAAMS WOOD DRIVE?

7 BALAAMS WOOD DRIVE is 105m² according to the EPC inspection conducted in October 2021. 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 7 BALAAMS WOOD DRIVE lies on this distribution: 39% of detached houses houses are smaller than 7 BALAAMS WOOD DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 BALAAMS WOOD DRIVE: Plot and Title Map

7 BALAAMS WOOD DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 7 BALAAMS WOOD 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 7 BALAAMS WOOD 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 7 BALAAMS WOOD DRIVE?

7 BALAAMS WOOD DRIVE is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 7 on BALAAMS WOOD DRIVE.