7, GREAT FARLEY DRIVE, NORTHFIELD, BIRMINGHAM, B31 5HG - £155,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 GREAT FARLEY DRIVE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £155,000 in August 2011, which was around 37% below the average August 2011 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

7 GREAT FARLEY DRIVE Sold Prices

Land registry data shows four sales for 7 GREAT FARLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 7 GREAT FARLEY 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
2011 2 AUG	£155,000	£247,226	37% below HPI
2006 25 OCT	£164,000	£257,266	36% below HPI
2004 26 FEB	£145,000	£227,878	36% below HPI
2001 5 OCT	£117,950	£149,291	21% below HPI

7 GREAT FARLEY 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 four 7 GREAT FARLEY DRIVE sales between October 2001 and August 2011 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 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2011 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 7 GREAT FARLEY DRIVE?

7 GREAT FARLEY DRIVE is 110m² according to the EPC inspection conducted in March 2009. 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 7 GREAT FARLEY DRIVE lies on this distribution: 44% of detached houses are smaller than 7 GREAT FARLEY DRIVE, and 56% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 GREAT FARLEY DRIVE: Plot and Title Map

7 GREAT FARLEY DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 7 GREAT FARLEY 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 GREAT FARLEY 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 GREAT FARLEY DRIVE?

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