12, ROMSLEY CLOSE, RUBERY, BIRMINGHAM, B45 9UX - £190,000

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 ROMSLEY CLOSE is a small semi-detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £285,683. It was last sold for £190,000 in September 2015, which was around 11% below the average September 2015 semi-detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

12 ROMSLEY CLOSE Sold Prices

Land registry data shows two sales for 12 ROMSLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bromsgrove local authority area for the corresponding sale date. One of the two 12 ROMSLEY CLOSE sales was for below the average price, whilst the other was 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
2015 18 SEP	£190,000	£214,464	11% below HPI
1998 5 JUN	£79,950	£77,006	4% above HPI

12 ROMSLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 12 ROMSLEY CLOSE sales from June 1998 and September 2015 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 June 1998 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 12 ROMSLEY CLOSE be worth now?

12 ROMSLEY CLOSE might now be worth an estimated £285,683.

This is based on house price inflation of 50.4%, between September 2015 and May 2026, for semi-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 50.4% inflationary increase is applied to the most recent sale price for 12 ROMSLEY CLOSE of £190,000 on 18th September 2015. For the value to have increased from £190,000 to £285,683 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 12 ROMSLEY CLOSE has moved in line with the HPI for semi-detached houses in the Bromsgrove local authority area.
• The September 2015 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ROMSLEY CLOSE has not materially changed since September 2015.

How Large is 12 ROMSLEY CLOSE?

12 ROMSLEY CLOSE is 90m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 12 ROMSLEY CLOSE lies on this distribution: 21% of semi-detached houses houses are smaller than 12 ROMSLEY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

12 ROMSLEY CLOSE: Plot and Title Map

12 ROMSLEY CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 12 ROMSLEY 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 ROMSLEY 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 ROMSLEY CLOSE?

12 ROMSLEY CLOSE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 12 on ROMSLEY CLOSE.