9, CEDAR DRIVE, NORTHFIELD, BIRMINGHAM, B31 3PE - £238,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

9 CEDAR DRIVE is a large detached house of 135m², built sometime between 2003 and 2006. It was last sold for £238,000 in August 2005, which was around 3% below the average August 2005 detached price in the Birmingham local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

9 CEDAR DRIVE Sold Prices

Land registry data shows two sales for 9 CEDAR 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 9 CEDAR DRIVE sales was for below 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
2005 12 AUG	£238,000	£246,243	3% below HPI
2001 27 JUL	£172,950	£142,222	22% above HPI

9 CEDAR 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 9 CEDAR DRIVE sales from July 2001 and August 2005 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 July 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2005 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 9 CEDAR DRIVE?

9 CEDAR DRIVE is 135m² according to the EPC inspection conducted in January 2022. 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 9 CEDAR DRIVE lies on this distribution: 68% of detached houses are smaller than 9 CEDAR DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

9 CEDAR DRIVE: Plot and Title Map

9 CEDAR DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 9 CEDAR 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 9 CEDAR 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 9 CEDAR DRIVE?

9 CEDAR DRIVE is located in NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 9 on CEDAR DRIVE.