1, ARGUS CLOSE, SUTTON COLDFIELD, B76 2TG - £201,000

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.

1 ARGUS CLOSE is a very small extended terraced house of 51m², built sometime between 1976 and 1982, which could now be worth an estimated £217,203. It was last sold for £201,000 in May 2022, which was around 2% below the average May 2022 terraced price in the Birmingham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

1 ARGUS CLOSE Sold Prices

Land registry data shows four sales for 1 ARGUS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. two of the four 1 ARGUS CLOSE sales were for below the average price, and four 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
2022 20 MAY	£201,000	£205,826	2% below HPI
2017 15 DEC	£175,000	£156,929	12% above HPI
2003 31 OCT	£94,000	£96,017	2% below HPI
1999 19 OCT	£51,750	£48,227	7% above HPI

1 ARGUS CLOSE 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 four 1 ARGUS CLOSE sales between October 1999 and May 2022 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 December 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 ARGUS CLOSE be worth now?

1 ARGUS CLOSE might now be worth an estimated £217,203.

This is based on house price inflation of 8.1%, between May 2022 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 8.1% inflationary increase is applied to the most recent sale price for 1 ARGUS CLOSE of £201,000 on 20th May 2022. For the value to have increased from £201,000 to £217,203 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 1 ARGUS CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The May 2022 sale price of £201,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ARGUS CLOSE has not materially changed since May 2022.

How Large is 1 ARGUS CLOSE?

1 ARGUS CLOSE is 51m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 1 ARGUS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 1 ARGUS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

1 ARGUS CLOSE: Plot and Title Map

1 ARGUS CLOSE sits on a plot of roughly 0.024 of an acre, or 99m². The below map shows the location of 1 ARGUS CLOSE, 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 1 ARGUS CLOSE). 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 1 ARGUS CLOSE?

1 ARGUS CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 1 on ARGUS CLOSE.