42, EAST WORKS DRIVE, COFTON HACKETT, BIRMINGHAM, B45 8GS - £232,500

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.

42 EAST WORKS DRIVE is a very small semi-detached house of 70m², which could now be worth an estimated £287,580. It was last sold for £232,500 in September 2019, which was around 12% below the average September 2019 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was A.

42 EAST WORKS DRIVE Sold Prices

Land registry data shows two sales for 42 EAST WORKS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. Both of the two 42 EAST WORKS DRIVE sales were 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
2019 19 SEP	£232,500	£263,566	12% below HPI
2014 22 AUG	£189,995	£199,011	5% below HPI

42 EAST WORKS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 42 EAST WORKS DRIVE sales from August 2014 and September 2019 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 42 EAST WORKS DRIVE be worth now?

42 EAST WORKS DRIVE might now be worth an estimated £287,580.

This is based on house price inflation of 23.7%, between September 2019 and March 2025, for semi-detached houses, in the Bromsgrove local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 42 EAST WORKS DRIVE of £232,500 on 19th September 2019. For the value to have increased from £232,500 to £287,580 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of 42 EAST WORKS DRIVE has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The September 2019 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of 42 EAST WORKS DRIVE has not materially changed since September 2019.

How Large is 42 EAST WORKS DRIVE?

42 EAST WORKS DRIVE is 70m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% 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 42 EAST WORKS DRIVE lies on this distribution: 5% of semi-detached houses houses are smaller than 42 EAST WORKS DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

42 EAST WORKS DRIVE: Plot and Title Map

42 EAST WORKS DRIVE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 42 EAST WORKS 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 42 EAST WORKS 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 42 EAST WORKS DRIVE?

42 EAST WORKS DRIVE is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 42 on EAST WORKS DRIVE.