18, SCHOLARS CLOSE, BIRMINGHAM, B21 0UB - £260,000

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 SCHOLARS CLOSE is a large terraced house of 140m², built sometime between 2003 and 2006, which could now be worth an estimated £299,285. It was last sold for £260,000 in June 2021, which was around 35% above the average June 2021 terraced price in the Birmingham local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

18 SCHOLARS CLOSE Sold Prices

Land registry data shows two sales for 18 SCHOLARS 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 Birmingham local authority area for the corresponding sale date. Both of the two 18 SCHOLARS 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 14 JUN	£260,000	£192,706	35% above HPI
2004 15 OCT	£215,000	£113,676	89% above HPI

18 SCHOLARS 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 two 18 SCHOLARS CLOSE sales from October 2004 and June 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 October 2004 sale was for 89% above the HPI. So the extrapolation line tracks at 89% above the HPI over time, until the June 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 18 SCHOLARS CLOSE be worth now?

18 SCHOLARS CLOSE might now be worth an estimated £299,285.

This is based on house price inflation of 15.1%, between June 2021 and October 2025, 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 15.1% inflationary increase is applied to the most recent sale price for 18 SCHOLARS CLOSE of £260,000 on 14th June 2021. For the value to have increased from £260,000 to £299,285 over the three years and eight months to October 2025, the following assumptions must hold true:

• The value of 18 SCHOLARS CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The June 2021 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SCHOLARS CLOSE has not materially changed since June 2021.

How Large is 18 SCHOLARS CLOSE?

18 SCHOLARS CLOSE is 140m² according to the EPC inspection conducted in January 2015. This puts it in the largest 30% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 18 SCHOLARS CLOSE lies on this distribution: 70% of terraced houses houses are smaller than 18 SCHOLARS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

18 SCHOLARS CLOSE: Plot and Title Map

18 SCHOLARS CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 18 SCHOLARS 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 SCHOLARS 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 SCHOLARS CLOSE?

18 SCHOLARS CLOSE is located in BIRMINGHAM, in the B21 postcode district. The below map shows the position of No. 18 on SCHOLARS CLOSE.