8, CLEVES DRIVE, RUBERY, BIRMINGHAM, B45 9UT - £160,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

8 CLEVES DRIVE is a very small semi-detached house of 81m², built sometime between 1967 and 1975. It was last sold for £160,000 in September 2016, which was around 58% below the average September 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 CLEVES DRIVE Sold Prices

Land registry data shows four sales for 8 CLEVES 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 Bromsgrove local authority area for the corresponding sale date. All of the four 8 CLEVES 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
2016 30 SEP	£160,000	£382,008	58% below HPI
2014 10 JUL	£147,500	£324,031	54% below HPI
2006 14 JUL	£118,000	£297,177	60% below HPI
1998 24 MAR	£90,000	£127,935	30% below HPI

8 CLEVES DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The four 8 CLEVES DRIVE sales between March 1998 and September 2016 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 July 2014 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the September 2016 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 8 CLEVES DRIVE?

8 CLEVES DRIVE is 81m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 8 CLEVES DRIVE lies on this distribution: 13% of detached houses are smaller than 8 CLEVES DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 CLEVES DRIVE: Plot and Title Map

8 CLEVES DRIVE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 8 CLEVES 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 8 CLEVES 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 8 CLEVES DRIVE?

8 CLEVES DRIVE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 8 on CLEVES DRIVE.