2, CHELSEA CLOSE, BIRMINGHAM, B32 2XD - £185,000

2 CHELSEA CLOSE is a midsized extended detached house of 118m², built sometime between 1976 and 1982. It was last sold for £185,000 in November 2009, which was around 24% below the average November 2009 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 CHELSEA CLOSE Sold Prices

Land registry data shows two sales for 2 CHELSEA 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 Birmingham local authority area for the corresponding sale date. Both of the two 2 CHELSEA 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
2009 3 NOV	£185,000	£243,491	24% below HPI
1998 4 SEP	£99,000	£106,344	7% below HPI

2 CHELSEA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The two 2 CHELSEA CLOSE sales from September 1998 and November 2009 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 September 1998 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2009 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 CHELSEA CLOSE?

2 CHELSEA CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 50% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 2 CHELSEA CLOSE lies on this distribution: 53% of detached houses are smaller than 2 CHELSEA CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 CHELSEA CLOSE: Plot and Title Map

2 CHELSEA CLOSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 2 CHELSEA 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 2 CHELSEA 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 2 CHELSEA CLOSE?

2 CHELSEA CLOSE is located in BIRMINGHAM, in the B32 postcode district. The below map shows the position of No. 2 on CHELSEA CLOSE.