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 MAYWELL DRIVE is a very small extended detached house of 86m², built sometime between 1976 and 1982. It was last sold for £315,000 in March 2021, which was around 41% below the average March 2021 detached price in the Solihull local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 7 MAYWELL DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three 7 MAYWELL 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 |
---|---|---|---|
2021 26 MAR | £315,000 | £529,562 | 41% below HPI |
2014 17 DEC | £269,950 | £391,992 | 31% below HPI |
2002 2 SEP | £160,000 | £247,752 | 35% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 7 MAYWELL DRIVE sales between September 2002 and March 2021 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 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
7 MAYWELL DRIVE is 86m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses by size in Solihull, and where 7 MAYWELL DRIVE lies on this distribution: 11% of detached houses are smaller than 7 MAYWELL DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Solihull.
7 MAYWELL DRIVE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 7 MAYWELL 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 MAYWELL 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.
7 MAYWELL DRIVE is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 7 on MAYWELL DRIVE.