7, ELM DRIVE, NORTHFIELD, BIRMINGHAM, B31 5JQ - £240,000

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.

7 ELM DRIVE is a small extended detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £437,331. It was last sold for £240,000 in January 2010, which was around 1% above the average January 2010 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

7 ELM DRIVE Sold Prices

Land registry data shows two sales for 7 ELM 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 7 ELM DRIVE sales were 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
2010 15 JAN	£240,000	£238,148	1% above HPI
2003 19 DEC	£227,000	£220,728	3% above HPI

7 ELM 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 7 ELM DRIVE sales from December 2003 and January 2010 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 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2010 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 7 ELM DRIVE be worth now?

7 ELM DRIVE might now be worth an estimated £437,331.

This is based on house price inflation of 82.2%, between January 2010 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 82.2% inflationary increase is applied to the most recent sale price for 7 ELM DRIVE of £240,000 on 15th January 2010. For the value to have increased from £240,000 to £437,331 over the fourteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 ELM DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The January 2010 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELM DRIVE has not materially changed since January 2010.

How Large is 7 ELM DRIVE?

7 ELM DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in September 2024. 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 ELM DRIVE lies on this distribution: 31% of detached houses houses are smaller than 7 ELM DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 ELM DRIVE: Plot and Title Map

7 ELM DRIVE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 7 ELM 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 ELM 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 ELM DRIVE?

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