26, MONASTERY DRIVE, ERDINGTON, BIRMINGHAM, B23 7AX - £240,000

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.

26 MONASTERY DRIVE is a small terraced house of 95m², built sometime from 2012 onwards, which could now be worth an estimated £256,255. It was last sold for £240,000 in June 2022, which was around 17% above the average June 2022 terraced price in the Birmingham local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

26 MONASTERY DRIVE Sold Prices

Land registry data shows two sales for 26 MONASTERY 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 26 MONASTERY 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
2022 28 JUN	£240,000	£205,793	17% above HPI
2012 23 MAR	£164,950	£116,223	42% above HPI

26 MONASTERY 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 26 MONASTERY DRIVE sales from March 2012 and June 2022 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 March 2012 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the June 2022 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 26 MONASTERY DRIVE be worth now?

26 MONASTERY DRIVE might now be worth an estimated £256,255.

This is based on house price inflation of 6.8%, between June 2022 and May 2026, 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 6.8% inflationary increase is applied to the most recent sale price for 26 MONASTERY DRIVE of £240,000 on 28th June 2022. For the value to have increased from £240,000 to £256,255 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 26 MONASTERY DRIVE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The June 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 26 MONASTERY DRIVE has not materially changed since June 2022.

How Large is 26 MONASTERY DRIVE?

26 MONASTERY DRIVE is 95m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% 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 26 MONASTERY DRIVE lies on this distribution: 28% of terraced houses houses are smaller than 26 MONASTERY DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

26 MONASTERY DRIVE: Plot and Title Map

26 MONASTERY DRIVE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 26 MONASTERY 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 26 MONASTERY 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 26 MONASTERY DRIVE?

26 MONASTERY DRIVE is located in ERDINGTON, in the B23 postcode district. The below map shows the position of No. 26 on MONASTERY DRIVE.