39, THE CLOSE, HARBORNE, BIRMINGHAM, B17 8TU - £250,000

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.

39 THE CLOSE is a small terraced house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £316,601. It was last sold for £250,000 in October 2020, which was around 44% above the average October 2020 terraced price in the Birmingham local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

39 THE CLOSE Sold Prices

Land registry data shows three sales for 39 THE 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 39 THE 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
2020 30 OCT	£250,000	£173,508	44% above HPI
2009 28 OCT	£165,000	£115,577	43% above HPI
2001 1 AUG	£111,000	£60,179	84% above HPI

39 THE 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 39 THE CLOSE sales between August 2001 and October 2020 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 October 2009 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the October 2020 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 39 THE CLOSE be worth now?

39 THE CLOSE might now be worth an estimated £316,601.

This is based on house price inflation of 26.6%, between October 2020 and May 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 26.6% inflationary increase is applied to the most recent sale price for 39 THE CLOSE of £250,000 on 30th October 2020. For the value to have increased from £250,000 to £316,601 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 39 THE CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The October 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 39 THE CLOSE has not materially changed since October 2020.

How Large is 39 THE CLOSE?

39 THE CLOSE is 90m² according to the EPC inspection conducted in November 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 39 THE CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 39 THE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

39 THE CLOSE: Plot and Title Map

39 THE CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 39 THE 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 39 THE 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 39 THE CLOSE?

39 THE CLOSE is located in HARBORNE, in the B17 postcode district. The below map shows the position of No. 39 on THE CLOSE.