15, LAKEWOOD DRIVE, RUBERY, BIRMINGHAM, B45 9WE - £221,500

15 LAKEWOOD DRIVE is a midsized extended detached house of 107m², built sometime between 1996 and 2002. It was last sold for £221,500 in October 2006, which was around 14% below the average October 2006 detached price in the Birmingham local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

15 LAKEWOOD DRIVE Sold Prices

Land registry data shows two sales for 15 LAKEWOOD 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. One of the two 15 LAKEWOOD DRIVE sales was for below the average price, whilst the other was 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
2006 19 OCT	£221,500	£257,266	14% below HPI
2002 28 FEB	£151,950	£149,003	2% above HPI

15 LAKEWOOD 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 15 LAKEWOOD DRIVE sales from February 2002 and October 2006 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 February 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2006 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 15 LAKEWOOD DRIVE?

15 LAKEWOOD DRIVE is 107m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 15 LAKEWOOD DRIVE lies on this distribution: 40% of detached houses are smaller than 15 LAKEWOOD DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 LAKEWOOD DRIVE: Plot and Title Map

15 LAKEWOOD DRIVE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 15 LAKEWOOD 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 LAKEWOOD 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 LAKEWOOD DRIVE?

15 LAKEWOOD DRIVE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 15 on LAKEWOOD DRIVE.