97, REA VALLEY DRIVE, BIRMINGHAM, B31 3XN - £317,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

97 REA VALLEY DRIVE is a midsized extended detached house of 113m², built sometime between 1976 and 1982. It was last sold for £317,500 in November 2019, which was around 11% below the average November 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

97 REA VALLEY DRIVE Sold Prices

Land registry data shows three sales for 97 REA VALLEY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 97 REA VALLEY 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
2019 8 NOV	£317,500	£355,411	11% below HPI
2011 15 JUL	£194,000	£243,512	20% below HPI
2001 9 NOV	£129,950	£149,120	13% below HPI

97 REA VALLEY 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 three 97 REA VALLEY DRIVE sales between November 2001 and November 2019 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 2011 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 97 REA VALLEY DRIVE?

97 REA VALLEY DRIVE is 113m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 97 REA VALLEY DRIVE lies on this distribution: 47% of detached houses are smaller than 97 REA VALLEY DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

97 REA VALLEY DRIVE: Plot and Title Map

97 REA VALLEY DRIVE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 97 REA VALLEY 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 97 REA VALLEY 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 97 REA VALLEY DRIVE?

97 REA VALLEY DRIVE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 97 on REA VALLEY DRIVE.