18, GILMORTON CLOSE, SOLIHULL, B91 3FD - £175,000

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.

18 GILMORTON CLOSE is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £313,671. It was last sold for £175,000 in April 2008, which was around 19% above the average April 2008 terraced price in the Solihull local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

18 GILMORTON CLOSE Sold Prices

Land registry data shows three sales for 18 GILMORTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Solihull local authority area for the corresponding sale date. All of the three 18 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
2008 16 APR	£175,000	£147,030	19% above HPI
1997 16 MAY	£69,950	£52,285	34% above HPI
1996 23 AUG	£60,000	£48,010	25% above HPI

18 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 three 18 GILMORTON CLOSE sales between August 1996 and April 2008 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 May 1997 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2008 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 18 GILMORTON CLOSE be worth now?

18 GILMORTON CLOSE might now be worth an estimated £313,671.

This is based on house price inflation of 79.2%, between April 2008 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 79.2% inflationary increase is applied to the most recent sale price for 18 GILMORTON CLOSE of £175,000 on 16th April 2008. For the value to have increased from £175,000 to £313,671 over the eighteen years to April 2026, the following assumptions must hold true:

• The value of 18 GILMORTON CLOSE has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The April 2008 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GILMORTON CLOSE has not materially changed since April 2008.

How Large is 18 GILMORTON CLOSE?

18 GILMORTON CLOSE is 54m² according to the EPC inspection conducted in March 2019. 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 18 GILMORTON CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 18 GILMORTON CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Solihull.

18 GILMORTON CLOSE: Plot and Title Map

18 GILMORTON CLOSE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 18 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 18 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 18 GILMORTON CLOSE?

18 GILMORTON CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 18 on GILMORTON CLOSE.