15, WOODVIEW DRIVE, BIRMINGHAM, B15 2JF - £350,000

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 WOODVIEW DRIVE is a midsized terraced house of 114m², built sometime from 2007 onwards, which could now be worth an estimated £468,132. It was last sold for £350,000 in July 2018, which was around 117% above the average July 2018 terraced price in the Birmingham local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

15 WOODVIEW DRIVE Sold Prices

Land registry data shows four sales for 15 WOODVIEW DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the four 15 WOODVIEW 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
2018 18 JUL	£350,000	£161,599	117% above HPI
2016 25 NOV	£277,500	£145,052	91% above HPI
2002 21 MAR	£229,000	£62,546	266% above HPI
1997 11 AUG	£110,250	£42,410	160% above HPI

15 WOODVIEW DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The four 15 WOODVIEW DRIVE sales between August 1997 and July 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 November 2016 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the July 2018 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

What might 15 WOODVIEW DRIVE be worth now?

15 WOODVIEW DRIVE might now be worth an estimated £468,132.

This is based on house price inflation of 33.8%, between July 2018 and July 2025, for terraced 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 33.8% inflationary increase is applied to the most recent sale price for 15 WOODVIEW DRIVE of £350,000 on 18th July 2018. For the value to have increased from £350,000 to £468,132 over the seven years to July 2025, the following assumptions must hold true:

• The value of 15 WOODVIEW DRIVE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The July 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WOODVIEW DRIVE has not materially changed since July 2018.

How Large is 15 WOODVIEW DRIVE?

15 WOODVIEW DRIVE is 114m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 50% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 15 WOODVIEW DRIVE lies on this distribution: 48% of terraced houses houses are smaller than 15 WOODVIEW DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 WOODVIEW DRIVE: Plot and Title Map

15 WOODVIEW DRIVE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 15 WOODVIEW 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 WOODVIEW 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 WOODVIEW DRIVE?

15 WOODVIEW DRIVE is located in BIRMINGHAM, in the B15 postcode district. The below map shows the position of No. 15 on WOODVIEW DRIVE.