7, PACKWOOD DRIVE, BIRMINGHAM, B43 6BD - £370,000

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 PACKWOOD DRIVE is a very large extended detached house of 159m², built sometime between 1950 and 1966. It was last sold for £370,000 in January 2013, which was around 113% above the average January 2013 detached price in the Sandwell local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was C.

7 PACKWOOD DRIVE Sold Prices

Land registry data shows two sales for 7 PACKWOOD 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 Sandwell local authority area for the corresponding sale date. Both of the two 7 PACKWOOD 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
2013 4 JAN	£370,000	£174,041	113% above HPI
2001 10 OCT	£210,000	£97,304	116% above HPI

7 PACKWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sandwell local authority area over time, sourced from the HPI. The two 7 PACKWOOD DRIVE sales from October 2001 and January 2013 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 2001 sale was for 116% above the HPI. So the extrapolation line tracks at 116% above the HPI over time, until the January 2013 sale, where it falls to 113% above the HPI. The line then continues to track at 113% above the HPI.

How Large is 7 PACKWOOD DRIVE?

7 PACKWOOD DRIVE is 159m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of detached houses in West Bromwich, based on EPC data. The below chart shows the distribution of detached houses by size in West Bromwich, and where 7 PACKWOOD DRIVE lies on this distribution: 90% of detached houses are smaller than 7 PACKWOOD DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

7 PACKWOOD DRIVE: Plot and Title Map

7 PACKWOOD DRIVE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 7 PACKWOOD 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 PACKWOOD 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 PACKWOOD DRIVE?

7 PACKWOOD DRIVE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 7 on PACKWOOD DRIVE.