27, GREBE CLOSE, BIRMINGHAM, B23 7RW - £267,000

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.

27 GREBE CLOSE is a very small terraced house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £278,812. It was last sold for £267,000 in August 2022, which was around 26% above the average August 2022 terraced price in the Birmingham local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

27 GREBE CLOSE Sold Prices

Land registry data shows two sales for 27 GREBE 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 27 GREBE 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
2022 1 AUG	£267,000	£212,502	26% above HPI
2007 5 DEC	£168,000	£130,070	29% above HPI

27 GREBE 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 27 GREBE CLOSE sales from December 2007 and August 2022 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 2007 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 27 GREBE CLOSE be worth now?

27 GREBE CLOSE might now be worth an estimated £278,812.

This is based on house price inflation of 4.4%, between August 2022 and July 2026, 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 4.4% inflationary increase is applied to the most recent sale price for 27 GREBE CLOSE of £267,000 on 1st August 2022. For the value to have increased from £267,000 to £278,812 over the four years and one month to July 2026, the following assumptions must hold true:

• The value of 27 GREBE CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The August 2022 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GREBE CLOSE has not materially changed since August 2022.

How Large is 27 GREBE CLOSE?

27 GREBE CLOSE is 66m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 27 GREBE CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 27 GREBE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

27 GREBE CLOSE: Plot and Title Map

27 GREBE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 27 GREBE 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 27 GREBE 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 27 GREBE CLOSE?

27 GREBE CLOSE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 27 on GREBE CLOSE.