8, ELM DRIVE, HALESOWEN, B62 9HT - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 ELM DRIVE is a large detached house of 130m², which could now be worth an estimated £453,616. It was last sold for £320,000 in December 2017, which was around 31% above the average December 2017 detached price in the Dudley local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was A.

8 ELM DRIVE Sold Prices

Land registry data shows two sales for 8 ELM 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 Dudley local authority area for the corresponding sale date. Both of the two 8 ELM 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
2017 15 DEC	£320,000	£244,596	31% above HPI
2017 1 AUG	£390,000	£241,743	61% above HPI

8 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The two 8 ELM DRIVE sales from August 2017 and December 2017 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 August 2017 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the December 2017 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 8 ELM DRIVE be worth now?

8 ELM DRIVE might now be worth an estimated £453,616.

This is based on house price inflation of 41.8%, between December 2017 and December 2024, for detached houses, in the Dudley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.8% inflationary increase is applied to the most recent sale price for 8 ELM DRIVE of £320,000 on 15th December 2017. For the value to have increased from £320,000 to £453,616 over the seven years to December 2024, the following assumptions must hold true:

• The value of 8 ELM DRIVE has moved in line with the HPI for detached houses in the Dudley local authority area.
• The December 2017 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ELM DRIVE has not materially changed since December 2017.

How Large is 8 ELM DRIVE?

8 ELM DRIVE is 130m² according to the EPC inspection conducted in November 2017. This puts it in the largest 30% of detached houses houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halesowen, and where 8 ELM DRIVE lies on this distribution: 77% of detached houses houses are smaller than 8 ELM DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

8 ELM DRIVE: Plot and Title Map

8 ELM DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 8 ELM 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 ELM 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 ELM DRIVE?

8 ELM DRIVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 8 on ELM DRIVE.