12, MONASTERY DRIVE, ERDINGTON, BIRMINGHAM, B23 7AX - £210,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 MONASTERY DRIVE is a midsized semi-detached house of 107m², built sometime from 2007 onwards, which could now be worth an estimated £278,540. It was last sold for £210,000 in October 2018, which was around 2% above the average October 2018 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

12 MONASTERY DRIVE Sold Prices

Land registry data shows three sales for 12 MONASTERY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Two of the three 12 MONASTERY DRIVE sales were for above the average price, whilst one was 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
2018 15 OCT	£210,000	£205,939	2% above HPI
2016 21 OCT	£175,000	£179,732	3% below HPI
2010 17 DEC	£174,950	£145,443	20% above HPI

12 MONASTERY DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 12 MONASTERY DRIVE sales between December 2010 and October 2018 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 October 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 12 MONASTERY DRIVE be worth now?

12 MONASTERY DRIVE might now be worth an estimated £278,540.

This is based on house price inflation of 32.6%, between October 2018 and May 2026, for semi-detached houses, in the Birmingham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.6% inflationary increase is applied to the most recent sale price for 12 MONASTERY DRIVE of £210,000 on 15th October 2018. For the value to have increased from £210,000 to £278,540 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 12 MONASTERY DRIVE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The October 2018 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MONASTERY DRIVE has not materially changed since October 2018.

How Large is 12 MONASTERY DRIVE?

12 MONASTERY DRIVE is 107m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 12 MONASTERY DRIVE lies on this distribution: 40% of semi-detached houses houses are smaller than 12 MONASTERY DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

12 MONASTERY DRIVE: Plot and Title Map

12 MONASTERY DRIVE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 12 MONASTERY 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 12 MONASTERY 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 12 MONASTERY DRIVE?

12 MONASTERY DRIVE is located in ERDINGTON, in the B23 postcode district. The below map shows the position of No. 12 on MONASTERY DRIVE.