8, LAKEWOOD DRIVE, RUBERY, BIRMINGHAM, B45 9WE - £249,995

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

8 LAKEWOOD DRIVE is a large detached house of 130m², built sometime between 1996 and 2002. It was last sold for £249,995 in September 2011, which was about the average September 2011 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

8 LAKEWOOD DRIVE Sold Prices

Land registry data shows two sales for 8 LAKEWOOD 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 Birmingham local authority area for the corresponding sale date. One of the two 8 LAKEWOOD DRIVE sales was roughly equal to the average price, whilst the other was 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
2011 9 SEP	£249,995	£249,838	Close to HPI
2005 3 JUN	£249,999	£242,970	3% above HPI

8 LAKEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 8 LAKEWOOD DRIVE sales from June 2005 and September 2011 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 June 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2011 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 8 LAKEWOOD DRIVE?

8 LAKEWOOD DRIVE is 130m² according to the EPC inspection conducted in June 2011. This puts it in the largest 40% 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 LAKEWOOD DRIVE lies on this distribution: 65% of detached houses are smaller than 8 LAKEWOOD DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 LAKEWOOD DRIVE: Plot and Title Map

8 LAKEWOOD DRIVE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 8 LAKEWOOD 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 LAKEWOOD 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 LAKEWOOD DRIVE?

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