2, HOBACRE CLOSE, RUBERY, BIRMINGHAM, B45 9YG - £195,000

2 HOBACRE CLOSE is a small detached house of 99m², built sometime between 1976 and 1982. It was last sold for £195,000 in June 2015, which was around 29% below the average June 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

2 HOBACRE CLOSE Sold Prices

Land registry data shows three sales for 2 HOBACRE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the three 2 HOBACRE 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
2015 26 JUN	£195,000	£273,997	29% below HPI
2011 31 MAR	£180,000	£247,736	27% below HPI
2005 13 JUN	£153,000	£242,970	37% below HPI

2 HOBACRE 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 three 2 HOBACRE CLOSE sales between June 2005 and June 2015 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 March 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 HOBACRE CLOSE?

2 HOBACRE CLOSE is 99m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 40% 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 HOBACRE CLOSE lies on this distribution: 32% of detached houses are smaller than 2 HOBACRE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 HOBACRE CLOSE: Plot and Title Map

2 HOBACRE CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 HOBACRE 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 HOBACRE 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 HOBACRE CLOSE?

2 HOBACRE CLOSE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 2 on HOBACRE CLOSE.