3, GOLSON CLOSE, SUTTON COLDFIELD, B75 7SR - £349,500

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.

3 GOLSON CLOSE is a midsized extended detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £466,519. It was last sold for £349,500 in March 2018, which was around 7% above the average March 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

3 GOLSON CLOSE Sold Prices

Land registry data shows two sales for 3 GOLSON 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. One of the two 3 GOLSON 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 MAR	£349,500	£327,165	7% above HPI
1999 26 MAY	£104,000	£104,795	1% below HPI

3 GOLSON 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 3 GOLSON CLOSE sales from May 1999 and March 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 May 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2018 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 3 GOLSON CLOSE be worth now?

3 GOLSON CLOSE might now be worth an estimated £466,519.

This is based on house price inflation of 33.5%, between March 2018 and March 2025, for 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 33.5% inflationary increase is applied to the most recent sale price for 3 GOLSON CLOSE of £349,500 on 20th March 2018. For the value to have increased from £349,500 to £466,519 over the seven years to March 2025, the following assumptions must hold true:

• The value of 3 GOLSON CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The March 2018 sale price of £349,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GOLSON CLOSE has not materially changed since March 2018.

How Large is 3 GOLSON CLOSE?

3 GOLSON CLOSE is 118m², which includes four extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 3 GOLSON CLOSE lies on this distribution: 40% of detached houses houses are smaller than 3 GOLSON CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

3 GOLSON CLOSE: Plot and Title Map

3 GOLSON CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 3 GOLSON 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 3 GOLSON 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 3 GOLSON CLOSE?

3 GOLSON CLOSE is located in SUTTON COLDFIELD, in the B75 postcode district. The below map shows the position of No. 3 on GOLSON CLOSE.