8, EAST WORKS DRIVE, COFTON HACKETT, BIRMINGHAM, B45 8GS - £200,000

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.

8 EAST WORKS DRIVE is a very small terraced house of 82m², which could now be worth an estimated £262,192. It was last sold for £200,000 in March 2018, which was about the average March 2018 terraced price in the Bromsgrove local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

8 EAST WORKS DRIVE Sold Prices

Land registry data shows three sales for 8 EAST WORKS 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 Bromsgrove local authority area for the corresponding sale date. The three 8 EAST WORKS DRIVE sales were a mix of roughly equal to the average price, and 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
2018 28 MAR	£200,000	£200,826	Close to HPI
2016 31 MAR	£198,000	£180,707	10% above HPI
2013 18 DEC	£189,995	£159,594	19% above HPI

8 EAST WORKS DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bromsgrove local authority area over time, sourced from the HPI. The three 8 EAST WORKS DRIVE sales between December 2013 and March 2018 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 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 8 EAST WORKS DRIVE be worth now?

8 EAST WORKS DRIVE might now be worth an estimated £262,192.

This is based on house price inflation of 31.1%, between March 2018 and June 2025, for terraced 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 31.1% inflationary increase is applied to the most recent sale price for 8 EAST WORKS DRIVE of £200,000 on 28th March 2018. For the value to have increased from £200,000 to £262,192 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 8 EAST WORKS DRIVE has moved in line with the HPI for terraced houses in the Bromsgrove local authority area.
• The March 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 8 EAST WORKS DRIVE has not materially changed since March 2018.

How Large is 8 EAST WORKS DRIVE?

8 EAST WORKS DRIVE is 82m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 20% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 8 EAST WORKS DRIVE lies on this distribution: 13% of terraced houses houses are smaller than 8 EAST WORKS DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 EAST WORKS DRIVE: Plot and Title Map

8 EAST WORKS DRIVE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 8 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 8 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 8 EAST WORKS DRIVE?

8 EAST WORKS DRIVE is located in COFTON HACKETT, in the B45 postcode district. The below map shows the position of No. 8 on EAST WORKS DRIVE.