87, CHESTNUT DRIVE, ERDINGTON, BIRMINGHAM, B24 0DR - £355,000

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

87 CHESTNUT DRIVE is a small detached house of 99m², built sometime between 1930 and 1949. It was last sold for £355,000 in October 2021, which was around 11% below the average October 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

87 CHESTNUT DRIVE Sold Prices

Land registry data shows four sales for 87 CHESTNUT 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 Birmingham local authority area for the corresponding sale date. All of the four 87 CHESTNUT 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
2021 29 OCT	£355,000	£401,041	11% below HPI
2008 13 MAR	£249,950	£267,550	7% below HPI
2002 13 NOV	£151,000	£186,909	19% below HPI
1995 28 JUN	£72,000	£89,689	20% below HPI

87 CHESTNUT 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 four 87 CHESTNUT DRIVE sales between June 1995 and October 2021 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 March 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 87 CHESTNUT DRIVE?

87 CHESTNUT DRIVE is 99m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 87 CHESTNUT DRIVE lies on this distribution: 32% of detached houses are smaller than 87 CHESTNUT DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

87 CHESTNUT DRIVE: Plot and Title Map

87 CHESTNUT DRIVE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 87 CHESTNUT 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 87 CHESTNUT 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 87 CHESTNUT DRIVE?

87 CHESTNUT DRIVE is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 87 on CHESTNUT DRIVE.