1B, CHAPEL DRIVE, WYTHALL, BIRMINGHAM, B47 6JP - £475,000

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.

1B CHAPEL DRIVE is a detached house, which could now be worth an estimated £473,070. It was last sold for £475,000 in September 2022, which was around 8% below the average September 2022 detached price in the Bromsgrove local authority area.

1B CHAPEL DRIVE Sold Prices

Land registry data shows one sale for 1B CHAPEL DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Bromsgrove local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 9 SEP	£475,000	£518,309	8% below HPI

What might 1B CHAPEL DRIVE be worth now?

1B CHAPEL DRIVE might now be worth an estimated £473,070.

This is based on house price deflation of 0.4%, between September 2022 and May 2026, for 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 0.4% deflationary decrease is applied to the most recent sale price for 1B CHAPEL DRIVE of £475,000 on 9th September 2022. For the value to have decreased from £475,000 to £473,070 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 1B CHAPEL DRIVE has moved in line with the HPI for detached houses in the Bromsgrove local authority area.
• The September 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 1B CHAPEL DRIVE has not materially changed since September 2022.

Where is 1B CHAPEL DRIVE?

1B CHAPEL DRIVE is located in WYTHALL, in the B47 postcode district.