99, CHESTNUT DRIVE, ERDINGTON, BIRMINGHAM, B24 0DR - £345,000

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

99 CHESTNUT DRIVE is a small extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £345,000 in September 2023, which was around 22% below the average September 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was C.

99 CHESTNUT DRIVE Sold Prices

Land registry data shows two sales for 99 CHESTNUT 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 99 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
2023 29 SEP	£345,000	£444,913	22% below HPI
2020 27 NOV	£310,000	£373,063	17% below HPI

99 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 two 99 CHESTNUT DRIVE sales from November 2020 and September 2023 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 November 2020 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 99 CHESTNUT DRIVE?

99 CHESTNUT DRIVE is 106m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 99 CHESTNUT DRIVE lies on this distribution: 39% of detached houses are smaller than 99 CHESTNUT DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

99 CHESTNUT DRIVE: Plot and Title Map

99 CHESTNUT DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 99 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 99 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 99 CHESTNUT DRIVE?

99 CHESTNUT DRIVE is located in ERDINGTON, in the B24 postcode district. The below map shows the position of No. 99 on CHESTNUT DRIVE.