4, BROOMY CLOSE, BIRMINGHAM, B34 6EP - £240,000

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.

4 BROOMY CLOSE is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £244,734. It was last sold for £240,000 in October 2022, which was around 10% below the average October 2022 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

4 BROOMY CLOSE Sold Prices

Land registry data shows two sales for 4 BROOMY 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 4 BROOMY CLOSE sales were 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
2022 7 OCT	£240,000	£267,870	10% below HPI
2001 18 JUL	£71,000	£76,432	7% below HPI

4 BROOMY 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 4 BROOMY CLOSE sales from July 2001 and October 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 July 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 BROOMY CLOSE be worth now?

4 BROOMY CLOSE might now be worth an estimated £244,734.

This is based on house price inflation of 2%, between October 2022 and May 2026, 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 2% inflationary increase is applied to the most recent sale price for 4 BROOMY CLOSE of £240,000 on 7th October 2022. For the value to have increased from £240,000 to £244,734 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 4 BROOMY CLOSE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The October 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BROOMY CLOSE has not materially changed since October 2022.

How Large is 4 BROOMY CLOSE?

4 BROOMY CLOSE is 72m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% 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 4 BROOMY CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 4 BROOMY CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

4 BROOMY CLOSE: Plot and Title Map

4 BROOMY CLOSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 BROOMY 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 4 BROOMY 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 4 BROOMY CLOSE?

4 BROOMY CLOSE is located in BIRMINGHAM, in the B34 postcode district. The below map shows the position of No. 4 on BROOMY CLOSE.