32, ILLEY CLOSE, BIRMINGHAM, B31 5EW - £245,000

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.

32 ILLEY CLOSE is a small extended semi-detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £291,015. It was last sold for £245,000 in March 2021, which was around 6% above the average March 2021 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

32 ILLEY CLOSE Sold Prices

Land registry data shows two sales for 32 ILLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. Both of the two 32 ILLEY 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 12 MAR	£245,000	£231,338	6% above HPI
1999 25 JUN	£75,000	£59,342	26% above HPI

32 ILLEY 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 two 32 ILLEY CLOSE sales from June 1999 and March 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 June 1999 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 32 ILLEY CLOSE be worth now?

32 ILLEY CLOSE might now be worth an estimated £291,015.

This is based on house price inflation of 18.8%, between March 2021 and October 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 18.8% inflationary increase is applied to the most recent sale price for 32 ILLEY CLOSE of £245,000 on 12th March 2021. For the value to have increased from £245,000 to £291,015 over the three years and five months to October 2025, the following assumptions must hold true:

• The value of 32 ILLEY CLOSE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The March 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 32 ILLEY CLOSE has not materially changed since March 2021.

How Large is 32 ILLEY CLOSE?

32 ILLEY CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% 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 32 ILLEY CLOSE lies on this distribution: 33% of semi-detached houses houses are smaller than 32 ILLEY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

32 ILLEY CLOSE: Plot and Title Map

32 ILLEY CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 32 ILLEY 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 32 ILLEY 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 32 ILLEY CLOSE?

32 ILLEY CLOSE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 32 on ILLEY CLOSE.