5, ELM DRIVE, NORTHFIELD, BIRMINGHAM, B31 5JQ - £323,000

5 ELM DRIVE is a small extended detached house of 97m², built sometime between 2003 and 2006. It was last sold for £323,000 in September 2021, which was around 19% below the average September 2021 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

5 ELM DRIVE Sold Prices

Land registry data shows four sales for 5 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 5 ELM 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
2021 30 SEP	£323,000	£397,660	19% below HPI
2015 6 FEB	£237,000	£269,863	12% below HPI
2008 28 MAY	£232,000	£264,507	12% below HPI
2003 30 SEP	£199,950	£217,702	8% below HPI

5 ELM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 5 ELM DRIVE sales between September 2003 and September 2021 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 February 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 ELM DRIVE?

5 ELM DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 5 ELM DRIVE lies on this distribution: 30% of detached houses are smaller than 5 ELM DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 ELM DRIVE: Plot and Title Map

5 ELM DRIVE sits on a plot of roughly 0.083 of an acre, or 337m². 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 NORTHFIELD, in the B31 postcode district. The below map shows the position of No. 5 on ELM DRIVE.