3, RYEBANK CLOSE, BIRMINGHAM, B30 1SN - £327,500

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 RYEBANK CLOSE is a small terraced house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £383,449. It was last sold for £327,500 in September 2021, which was around 72% above the average September 2021 terraced price in the Birmingham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

3 RYEBANK CLOSE Sold Prices

Land registry data shows three sales for 3 RYEBANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Birmingham local authority area for the corresponding sale date. All of the three 3 RYEBANK 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
2021 30 SEP	£327,500	£189,965	72% above HPI
2019 29 NOV	£280,000	£167,083	68% above HPI
2006 2 MAR	£183,000	£118,866	54% above HPI

3 RYEBANK 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 three 3 RYEBANK CLOSE sales between March 2006 and September 2021 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 November 2019 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the September 2021 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 3 RYEBANK CLOSE be worth now?

3 RYEBANK CLOSE might now be worth an estimated £383,449.

This is based on house price inflation of 17.1%, between September 2021 and April 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 17.1% inflationary increase is applied to the most recent sale price for 3 RYEBANK CLOSE of £327,500 on 30th September 2021. For the value to have increased from £327,500 to £383,449 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 3 RYEBANK CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The September 2021 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 3 RYEBANK CLOSE has not materially changed since September 2021.

How Large is 3 RYEBANK CLOSE?

3 RYEBANK CLOSE is 96m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% 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 3 RYEBANK CLOSE lies on this distribution: 29% of terraced houses houses are smaller than 3 RYEBANK CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

3 RYEBANK CLOSE: Plot and Title Map

3 RYEBANK CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 3 RYEBANK 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 RYEBANK 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 RYEBANK CLOSE?

3 RYEBANK CLOSE is located in BIRMINGHAM, in the B30 postcode district. The below map shows the position of No. 3 on RYEBANK CLOSE.