24, SOUTHAM DRIVE, SUTTON COLDFIELD, B73 5PD - £425,000

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.

24 SOUTHAM DRIVE is a small extended terraced house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £486,814. It was last sold for £425,000 in April 2021, which was around 125% above the average April 2021 terraced 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.

24 SOUTHAM DRIVE Sold Prices

Land registry data shows two sales for 24 SOUTHAM DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. Both of the two 24 SOUTHAM 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
2021 7 APR	£425,000	£188,697	125% above HPI
2014 22 OCT	£245,000	£129,391	89% above HPI

24 SOUTHAM 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 two 24 SOUTHAM DRIVE sales from October 2014 and April 2021 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 2014 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the April 2021 sale, where it rises to 125% above the HPI. The line then continues to track at 125% above the HPI.

What might 24 SOUTHAM DRIVE be worth now?

24 SOUTHAM DRIVE might now be worth an estimated £486,814.

This is based on house price inflation of 14.5%, between April 2021 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 14.5% inflationary increase is applied to the most recent sale price for 24 SOUTHAM DRIVE of £425,000 on 7th April 2021. For the value to have increased from £425,000 to £486,814 over the three years and nine months to July 2025, the following assumptions must hold true:

• The value of 24 SOUTHAM DRIVE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The April 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SOUTHAM DRIVE has not materially changed since April 2021.

How Large is 24 SOUTHAM DRIVE?

24 SOUTHAM DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of terraced houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royal Sutton Coldfield, and where 24 SOUTHAM DRIVE lies on this distribution: 32% of terraced houses houses are smaller than 24 SOUTHAM DRIVE, and 67% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

24 SOUTHAM DRIVE: Plot and Title Map

24 SOUTHAM DRIVE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 24 SOUTHAM 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 24 SOUTHAM 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 24 SOUTHAM DRIVE?

24 SOUTHAM DRIVE is located in SUTTON COLDFIELD, in the B73 postcode district. The below map shows the position of No. 24 on SOUTHAM DRIVE.