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

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

7 ELM DRIVE is a small extended detached house of 98m², built sometime between 2003 and 2006. It was last sold for £240,000 in January 2010, which was around 1% below 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. One of the two 7 ELM DRIVE sales was for below the average price, whilst the other 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
2010 15 JAN	£240,000	£242,832	1% below HPI
2003 19 DEC	£227,000	£225,070	1% 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 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2010 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

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 in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 7 ELM DRIVE lies on this distribution: 31% of detached 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.