2, GREETVILLE CLOSE, BIRMINGHAM, B34 6ER - £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.

2 GREETVILLE CLOSE is a very small semi-detached house of 65m², built sometime between 1991 and 1995, which could now be worth an estimated £225,139. It was last sold for £175,000 in October 2019, which was around 16% below the average October 2019 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

2 GREETVILLE CLOSE Sold Prices

Land registry data shows three sales for 2 GREETVILLE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. All of the three 2 GREETVILLE 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
2019 11 OCT	£175,000	£209,445	16% below HPI
2014 18 DEC	£125,000	£158,176	21% below HPI
2001 2 FEB	£55,000	£70,950	22% below HPI

2 GREETVILLE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 2 GREETVILLE CLOSE sales between February 2001 and October 2019 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 December 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2019 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 GREETVILLE CLOSE be worth now?

2 GREETVILLE CLOSE might now be worth an estimated £225,139.

This is based on house price inflation of 28.7%, between October 2019 and February 2025, for semi-detached 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 28.7% inflationary increase is applied to the most recent sale price for 2 GREETVILLE CLOSE of £175,000 on 11th October 2019. For the value to have increased from £175,000 to £225,139 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 GREETVILLE CLOSE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The October 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GREETVILLE CLOSE has not materially changed since October 2019.

How Large is 2 GREETVILLE CLOSE?

2 GREETVILLE CLOSE is 65m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of semi-detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Birmingham, and where 2 GREETVILLE CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 2 GREETVILLE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 GREETVILLE CLOSE: Plot and Title Map

2 GREETVILLE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 2 GREETVILLE 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 GREETVILLE 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 GREETVILLE CLOSE?

2 GREETVILLE CLOSE is located in BIRMINGHAM, in the B34 postcode district. The below map shows the position of No. 2 on GREETVILLE CLOSE.