9, CHEADLE DRIVE, BIRMINGHAM, B23 5XF - £233,000

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 CHEADLE DRIVE is a large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £233,000 in November 2007, which was around 13% below the average November 2007 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

9 CHEADLE DRIVE Sold Prices

Land registry data shows two sales for 9 CHEADLE 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. Both of the two 9 CHEADLE 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
2007 23 NOV	£233,000	£268,007	13% below HPI
1996 17 JUL	£82,000	£91,542	10% below HPI

9 CHEADLE 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 CHEADLE DRIVE sales from July 1996 and November 2007 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2007 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 CHEADLE DRIVE?

9 CHEADLE DRIVE is 131m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 CHEADLE DRIVE lies on this distribution: 65% of detached houses are smaller than 9 CHEADLE DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

9 CHEADLE DRIVE: Plot and Title Map

9 CHEADLE DRIVE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 9 CHEADLE 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 CHEADLE 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 CHEADLE DRIVE?

9 CHEADLE DRIVE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 9 on CHEADLE DRIVE.