8, MICHAEL DRIVE, BIRMINGHAM, B15 2EL - £327,500

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 MICHAEL DRIVE is a small extended detached house of 103m², built sometime between 1976 and 1982, which could now be worth an estimated £643,787. It was last sold for £327,500 in January 2004, which was around 47% above the average January 2004 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

8 MICHAEL DRIVE Sold Prices

Land registry data shows one sale for 8 MICHAEL 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 Birmingham 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
2004 28 JAN	£327,500	£223,192	47% above HPI

What might 8 MICHAEL DRIVE be worth now?

8 MICHAEL DRIVE might now be worth an estimated £643,787.

This is based on house price inflation of 96.6%, between January 2004 and May 2026, for detached 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 96.6% inflationary increase is applied to the most recent sale price for 8 MICHAEL DRIVE of £327,500 on 28th January 2004. For the value to have increased from £327,500 to £643,787 over the 21 years and eight months to May 2026, the following assumptions must hold true:

• The value of 8 MICHAEL DRIVE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The January 2004 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MICHAEL DRIVE has not materially changed since January 2004.

How Large is 8 MICHAEL DRIVE?

8 MICHAEL DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in June 2011. 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 8 MICHAEL DRIVE lies on this distribution: 36% of detached houses are smaller than 8 MICHAEL DRIVE, and 63% of detached houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 MICHAEL DRIVE: Plot

8 MICHAEL DRIVE sits on a plot of roughly 0.115 of an acre, or 465m².

Where is 8 MICHAEL DRIVE?

8 MICHAEL DRIVE is located in BIRMINGHAM, in the B15 postcode district.