12, GILMORTON CLOSE, SOLIHULL, B91 3FD - £345,000

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.

12 GILMORTON CLOSE is a very small terraced house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £389,935. It was last sold for £345,000 in March 2021, which was around 48% above the average March 2021 terraced price in the Solihull local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

12 GILMORTON CLOSE Sold Prices

Land registry data shows two sales for 12 GILMORTON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Solihull local authority area for the corresponding sale date. Both of the two 12 GILMORTON CLOSE 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
2021 26 MAR	£345,000	£233,168	48% above HPI
2007 6 JUL	£212,500	£155,057	37% above HPI

12 GILMORTON CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Solihull local authority area over time, sourced from the HPI. The two 12 GILMORTON CLOSE sales from July 2007 and March 2021 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 July 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 12 GILMORTON CLOSE be worth now?

12 GILMORTON CLOSE might now be worth an estimated £389,935.

This is based on house price inflation of 13%, between March 2021 and April 2026, for terraced houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 12 GILMORTON CLOSE of £345,000 on 26th March 2021. For the value to have increased from £345,000 to £389,935 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 12 GILMORTON CLOSE has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The March 2021 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GILMORTON CLOSE has not materially changed since March 2021.

How Large is 12 GILMORTON CLOSE?

12 GILMORTON CLOSE is 81m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of terraced houses houses in Solihull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Solihull, and where 12 GILMORTON CLOSE lies on this distribution: 8% of terraced houses houses are smaller than 12 GILMORTON CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Solihull.

12 GILMORTON CLOSE: Plot and Title Map

12 GILMORTON CLOSE sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 12 GILMORTON 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 12 GILMORTON 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 12 GILMORTON CLOSE?

12 GILMORTON CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 12 on GILMORTON CLOSE.