4, CEDAR DRIVE, BIRMINGHAM, B24 0DL - £185,000

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.

4 CEDAR DRIVE is a midsized semi-detached house of 115m², built sometime between 1900 and 1929, which could now be worth an estimated £322,978. It was last sold for £185,000 in April 2015, which was around 17% above the average April 2015 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

4 CEDAR DRIVE Sold Prices

Land registry data shows three sales for 4 CEDAR DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. All of the three 4 CEDAR 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
2015 2 APR	£185,000	£158,345	17% above HPI
2006 8 SEP	£230,000	£150,462	53% above HPI
1996 1 OCT	£88,000	£51,001	73% above HPI

4 CEDAR DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 4 CEDAR DRIVE sales between October 1996 and April 2015 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 September 2006 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the April 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 4 CEDAR DRIVE be worth now?

4 CEDAR DRIVE might now be worth an estimated £322,978.

This is based on house price inflation of 74.6%, between April 2015 and April 2026, for semi-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 74.6% inflationary increase is applied to the most recent sale price for 4 CEDAR DRIVE of £185,000 on 2nd April 2015. For the value to have increased from £185,000 to £322,978 over the eleven years to April 2026, the following assumptions must hold true:

• The value of 4 CEDAR DRIVE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The April 2015 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CEDAR DRIVE has not materially changed since April 2015.

How Large is 4 CEDAR DRIVE?

4 CEDAR DRIVE is 115m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 4 CEDAR DRIVE lies on this distribution: 49% of semi-detached houses houses are smaller than 4 CEDAR DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

4 CEDAR DRIVE: Plot and Title Map

4 CEDAR DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 CEDAR 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 4 CEDAR 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 4 CEDAR DRIVE?

4 CEDAR DRIVE is located in BIRMINGHAM, in the B24 postcode district. The below map shows the position of No. 4 on CEDAR DRIVE.