54, HERMITAGE DRIVE, SUTTON COLDFIELD, B76 2XE - £238,000

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.

54 HERMITAGE DRIVE is a very small terraced house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £250,286. It was last sold for £238,000 in October 2023, which was around 13% above the average October 2023 terraced price in the Birmingham local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

54 HERMITAGE DRIVE Sold Prices

Land registry data shows three sales for 54 HERMITAGE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the three 54 HERMITAGE 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
2023 24 OCT	£238,000	£211,500	13% above HPI
2012 22 MAR	£136,000	£116,223	17% above HPI
1995 27 JAN	£56,950	£38,087	50% above HPI

54 HERMITAGE 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 three 54 HERMITAGE DRIVE sales between January 1995 and October 2023 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 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2023 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 54 HERMITAGE DRIVE be worth now?

54 HERMITAGE DRIVE might now be worth an estimated £250,286.

This is based on house price inflation of 5.2%, between October 2023 and April 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 5.2% inflationary increase is applied to the most recent sale price for 54 HERMITAGE DRIVE of £238,000 on 24th October 2023. For the value to have increased from £238,000 to £250,286 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 54 HERMITAGE DRIVE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The October 2023 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 54 HERMITAGE DRIVE has not materially changed since October 2023.

How Large is 54 HERMITAGE DRIVE?

54 HERMITAGE DRIVE is 58m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 10% of terraced houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Royal Sutton Coldfield, and where 54 HERMITAGE DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 54 HERMITAGE DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

54 HERMITAGE DRIVE: Plot and Title Map

54 HERMITAGE DRIVE sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 54 HERMITAGE 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 54 HERMITAGE 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 54 HERMITAGE DRIVE?

54 HERMITAGE DRIVE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 54 on HERMITAGE DRIVE.