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 SOMERVILLE DRIVE is a very large extended detached house of 199m², built sometime between 1930 and 1949. It was last sold for £840,000 in September 2022, which was around 88% above the average September 2022 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 SOMERVILLE DRIVE since 1st 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. Both of the two 8 SOMERVILLE 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 |
---|---|---|---|
2022 1 SEP | £840,000 | £447,621 | 88% above HPI |
1998 9 JAN | £165,000 | £101,426 | 63% above HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 8 SOMERVILLE DRIVE sales from January 1998 and September 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 January 1998 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the September 2022 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.
8 SOMERVILLE DRIVE is 199m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% 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 SOMERVILLE DRIVE lies on this distribution: 86% of detached houses are smaller than 8 SOMERVILLE DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
8 SOMERVILLE DRIVE sits on a plot of roughly 0.216 of an acre, or 873m². The below map shows the location of 8 SOMERVILLE 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 SOMERVILLE 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 SOMERVILLE DRIVE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 8 on SOMERVILLE DRIVE.