2, PARKLANDS DRIVE, SUTTON COLDFIELD, B74 2QU - £1,550,000

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.

2 PARKLANDS DRIVE is a very large extended detached house of 363m², built sometime between 2003 and 2006, which could now be worth an estimated £2,187,334. It was last sold for £1,550,000 in March 2017, which was around 403% above the average March 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was C.

2 PARKLANDS DRIVE Sold Prices

Land registry data shows two sales for 2 PARKLANDS 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 2 PARKLANDS 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
2017 31 MAR	£1,550,000	£308,191	403% above HPI
1997 27 AUG	£310,000	£97,118	219% above HPI

2 PARKLANDS 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 2 PARKLANDS DRIVE sales from August 1997 and March 2017 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 August 1997 sale was for 219% above the HPI. So the extrapolation line tracks at 219% above the HPI over time, until the March 2017 sale, where it rises to 403% above the HPI. The line then continues to track at 403% above the HPI.

What might 2 PARKLANDS DRIVE be worth now?

2 PARKLANDS DRIVE might now be worth an estimated £2,187,334.

This is based on house price inflation of 41.1%, between March 2017 and July 2025, for 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 41.1% inflationary increase is applied to the most recent sale price for 2 PARKLANDS DRIVE of £1,550,000 on 31st March 2017. For the value to have increased from £1,550,000 to £2,187,334 over the seven years and eight months to July 2025, the following assumptions must hold true:

• The value of 2 PARKLANDS DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2017 sale price of £1,550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARKLANDS DRIVE has not materially changed since March 2017.

How Large is 2 PARKLANDS DRIVE?

2 PARKLANDS DRIVE is 363m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 2 PARKLANDS DRIVE lies on this distribution: 99% of detached houses houses are smaller than 2 PARKLANDS DRIVE, and 1% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

2 PARKLANDS DRIVE: Plot and Title Map

2 PARKLANDS DRIVE sits on a plot of roughly 0.415 of an acre, or 1,678m². The below map shows the location of 2 PARKLANDS 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 2 PARKLANDS 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 2 PARKLANDS DRIVE?

2 PARKLANDS DRIVE is located in SUTTON COLDFIELD, in the B74 postcode district. The below map shows the position of No. 2 on PARKLANDS DRIVE.