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
73 PARKFIELD DRIVE is a large extended detached house of 153m², built sometime between 1983 and 1990. It was last sold for £230,000 in August 2007, which was around 36% below the average August 2007 detached price in the Solihull local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 73 PARKFIELD 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 73 PARKFIELD 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 |
---|---|---|---|
2007 24 AUG | £230,000 | £360,464 | 36% below HPI |
1998 14 DEC | £80,000 | £153,507 | 48% below HPI |
1996 16 FEB | £65,000 | £119,710 | 46% 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 73 PARKFIELD DRIVE sales between February 1996 and August 2007 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 1998 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2007 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
73 PARKFIELD DRIVE is 153m², which includes two extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 73 PARKFIELD DRIVE lies on this distribution: 77% of detached houses are smaller than 73 PARKFIELD DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Birmingham.
73 PARKFIELD DRIVE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 73 PARKFIELD 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 73 PARKFIELD 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.
73 PARKFIELD DRIVE is located in BIRMINGHAM, in the B36 postcode district. The below map shows the position of No. 73 on PARKFIELD DRIVE.