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
8 SARACEN DRIVE is a small extended detached house of 106m², built sometime between 2003 and 2006. It was last sold for £410,000 in March 2022, which was around 4% below the average March 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 8 SARACEN DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Most of the four 8 SARACEN 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 |
---|---|---|---|
2022 31 MAR | £410,000 | £428,673 | 4% below HPI |
2008 10 APR | £250,000 | £265,726 | 6% below HPI |
2003 5 JUN | £199,000 | £210,824 | 6% below HPI |
2000 25 FEB | £138,500 | £116,427 | 19% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 8 SARACEN DRIVE sales between February 2000 and March 2022 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 April 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
8 SARACEN DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 30% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 8 SARACEN DRIVE lies on this distribution: 27% of detached houses are smaller than 8 SARACEN DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
8 SARACEN DRIVE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 8 SARACEN 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 SARACEN 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.
8 SARACEN DRIVE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 8 on SARACEN DRIVE.