15, ELM DRIVE, BIRMINGHAM, B43 6AT - £415,000

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.

15 ELM DRIVE is a very small semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £444,559. It was last sold for £415,000 in October 2022, which was around 99% above the average October 2022 semi-detached price in the Sandwell local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

15 ELM DRIVE Sold Prices

Land registry data shows four sales for 15 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Sandwell local authority area for the corresponding sale date. All of the four 15 ELM DRIVE sales were 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
2022 11 OCT	£415,000	£208,588	99% above HPI
2013 22 NOV	£207,500	£112,200	85% above HPI
2012 6 JUN	£215,000	£108,779	98% above HPI
2003 28 FEB	£148,000	£75,441	96% above HPI

15 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Sandwell local authority area over time, sourced from the HPI. The four 15 ELM DRIVE sales between February 2003 and October 2022 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 2013 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the October 2022 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 15 ELM DRIVE be worth now?

15 ELM DRIVE might now be worth an estimated £444,559.

This is based on house price inflation of 7.1%, between October 2022 and June 2025, for semi-detached houses, in the Sandwell local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.1% inflationary increase is applied to the most recent sale price for 15 ELM DRIVE of £415,000 on 11th October 2022. For the value to have increased from £415,000 to £444,559 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 15 ELM DRIVE has moved in line with the HPI for semi-detached houses in the Sandwell local authority area.
• The October 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ELM DRIVE has not materially changed since October 2022.

How Large is 15 ELM DRIVE?

15 ELM DRIVE is 76m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of semi-detached houses houses in West Bromwich, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Bromwich, and where 15 ELM DRIVE lies on this distribution: 10% of semi-detached houses houses are smaller than 15 ELM DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in West Bromwich.

15 ELM DRIVE: Plot and Title Map

15 ELM DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 15 ELM 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 15 ELM 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 15 ELM DRIVE?

15 ELM DRIVE is located in BIRMINGHAM, in the B43 postcode district. The below map shows the position of No. 15 on ELM DRIVE.