253, ROWOOD DRIVE, SOLIHULL, B92 9LG - £199,950

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.

253 ROWOOD DRIVE is a very small terraced house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £306,774. It was last sold for £199,950 in March 2016, which was around 14% above the average March 2016 terraced price in the Solihull local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

253 ROWOOD DRIVE Sold Prices

Land registry data shows three sales for 253 ROWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Solihull local authority area for the corresponding sale date. Two of the three 253 ROWOOD DRIVE sales were for above the average price, whilst one was for below 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
2016 2 MAR	£199,950	£174,875	14% above HPI
2014 14 APR	£165,000	£154,129	7% above HPI
2011 25 FEB	£135,000	£139,280	3% below HPI

253 ROWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Solihull local authority area over time, sourced from the HPI. The three 253 ROWOOD DRIVE sales between February 2011 and March 2016 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 April 2014 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2016 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 253 ROWOOD DRIVE be worth now?

253 ROWOOD DRIVE might now be worth an estimated £306,774.

This is based on house price inflation of 53.4%, between March 2016 and May 2026, for terraced houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.4% inflationary increase is applied to the most recent sale price for 253 ROWOOD DRIVE of £199,950 on 2nd March 2016. For the value to have increased from £199,950 to £306,774 over the nine years and ten months to May 2026, the following assumptions must hold true:

• The value of 253 ROWOOD DRIVE has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The March 2016 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 253 ROWOOD DRIVE has not materially changed since March 2016.

How Large is 253 ROWOOD DRIVE?

253 ROWOOD DRIVE is 87m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of terraced houses houses in Solihull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Solihull, and where 253 ROWOOD DRIVE lies on this distribution: 11% of terraced houses houses are smaller than 253 ROWOOD DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Solihull.

253 ROWOOD DRIVE: Plot and Title Map

253 ROWOOD DRIVE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 253 ROWOOD 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 253 ROWOOD 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 253 ROWOOD DRIVE?

253 ROWOOD DRIVE is located in SOLIHULL, in the B92 postcode district. The below map shows the position of No. 253 on ROWOOD DRIVE.