5, ELM DRIVE, HALESOWEN, B62 9HT - £270,000

5 ELM DRIVE is a very large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £270,000 in December 2010, which was around 31% above the average December 2010 detached price in the Dudley local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

5 ELM DRIVE Sold Prices

Land registry data shows three sales for 5 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dudley local authority area for the corresponding sale date. All of the three 5 ELM 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
2010 10 DEC	£270,000	£205,678	31% above HPI
1999 22 JAN	£108,500	£87,350	24% above HPI
1996 12 JUL	£95,000	£76,002	25% above HPI

5 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dudley local authority area over time, sourced from the HPI. The three 5 ELM DRIVE sales between July 1996 and December 2010 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 January 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the December 2010 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 5 ELM DRIVE?

5 ELM DRIVE is 148m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 20% of detached houses in Halesowen, based on EPC data. The below chart shows the distribution of detached houses by size in Halesowen, and where 5 ELM DRIVE lies on this distribution: 87% of detached houses are smaller than 5 ELM DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Halesowen.

5 ELM DRIVE: Plot and Title Map

5 ELM DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 5 ELM 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 5 ELM 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 5 ELM DRIVE?

5 ELM DRIVE is located in HALESOWEN, in the B62 postcode district. The below map shows the position of No. 5 on ELM DRIVE.