18, SHORTLAND CLOSE, KNOWLE, SOLIHULL, B93 9PG - £562,500

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 SHORTLAND CLOSE is a midsized extended detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £726,303. It was last sold for £562,500 in February 2018, which was around 23% above the average February 2018 detached price in the Solihull local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

18 SHORTLAND CLOSE Sold Prices

Land registry data shows two sales for 18 SHORTLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. One of the two 18 SHORTLAND CLOSE sales was for above the average price, whilst the other was 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
2018 20 FEB	£562,500	£455,947	23% above HPI
2002 24 JAN	£210,000	£215,600	3% below HPI

18 SHORTLAND 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 two 18 SHORTLAND CLOSE sales from January 2002 and February 2018 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 January 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2018 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 18 SHORTLAND CLOSE be worth now?

18 SHORTLAND CLOSE might now be worth an estimated £726,303.

This is based on house price inflation of 29.1%, between February 2018 and April 2026, 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 29.1% inflationary increase is applied to the most recent sale price for 18 SHORTLAND CLOSE of £562,500 on 20th February 2018. For the value to have increased from £562,500 to £726,303 over the seven years and ten months to April 2026, the following assumptions must hold true:

• The value of 18 SHORTLAND CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The February 2018 sale price of £562,500 represented a fair market value for the property.
• The size, condition, and specification of 18 SHORTLAND CLOSE has not materially changed since February 2018.

How Large is 18 SHORTLAND CLOSE?

18 SHORTLAND CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses houses in Bentley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bentley Heath, and where 18 SHORTLAND CLOSE lies on this distribution: 57% of detached houses houses are smaller than 18 SHORTLAND CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bentley Heath.

18 SHORTLAND CLOSE: Plot and Title Map

18 SHORTLAND CLOSE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 18 SHORTLAND 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 SHORTLAND 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 SHORTLAND CLOSE?

18 SHORTLAND CLOSE is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 18 on SHORTLAND CLOSE.