14, CHIPSTONE CLOSE, SOLIHULL, B91 3YS - £500,000

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.

14 CHIPSTONE CLOSE is a midsized extended detached house of 121m², built sometime between 1983 and 1990, which could now be worth an estimated £572,373. It was last sold for £500,000 in January 2021, which was around 2% below the average January 2021 detached price in the Solihull local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

14 CHIPSTONE CLOSE Sold Prices

Land registry data shows three sales for 14 CHIPSTONE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three 14 CHIPSTONE CLOSE sales were for below 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 5 JAN	£500,000	£509,496	2% below HPI
2014 18 JUL	£330,000	£365,129	10% below HPI
2002 31 JAN	£176,000	£215,600	18% below HPI

14 CHIPSTONE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 14 CHIPSTONE CLOSE sales between January 2002 and January 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 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the January 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 14 CHIPSTONE CLOSE be worth now?

14 CHIPSTONE CLOSE might now be worth an estimated £572,373.

This is based on house price inflation of 14.5%, between January 2021 and February 2025, for detached 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 14.5% inflationary increase is applied to the most recent sale price for 14 CHIPSTONE CLOSE of £500,000 on 5th January 2021. For the value to have increased from £500,000 to £572,373 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 14 CHIPSTONE CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The January 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CHIPSTONE CLOSE has not materially changed since January 2021.

How Large is 14 CHIPSTONE CLOSE?

14 CHIPSTONE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 14 CHIPSTONE CLOSE lies on this distribution: 42% of detached houses houses are smaller than 14 CHIPSTONE CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Solihull.

14 CHIPSTONE CLOSE: Plot and Title Map

14 CHIPSTONE CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 14 CHIPSTONE 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 14 CHIPSTONE 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 14 CHIPSTONE CLOSE?

14 CHIPSTONE CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 14 on CHIPSTONE CLOSE.