4, HATFIELD CLOSE, BIRMINGHAM, B23 5YL - £265,000

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 HATFIELD CLOSE is a very small extended detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £338,643. It was last sold for £265,000 in December 2018, which was around 24% below the average December 2018 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

4 HATFIELD CLOSE Sold Prices

Land registry data shows two sales for 4 HATFIELD 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. Both of the two 4 HATFIELD 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
2018 5 DEC	£265,000	£349,593	24% below HPI
2009 23 OCT	£175,000	£236,874	26% below HPI

4 HATFIELD 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 4 HATFIELD CLOSE sales from October 2009 and December 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 October 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 HATFIELD CLOSE be worth now?

4 HATFIELD CLOSE might now be worth an estimated £338,643.

This is based on house price inflation of 27.8%, between December 2018 and April 2026, 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 27.8% inflationary increase is applied to the most recent sale price for 4 HATFIELD CLOSE of £265,000 on 5th December 2018. For the value to have increased from £265,000 to £338,643 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 4 HATFIELD CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The December 2018 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HATFIELD CLOSE has not materially changed since December 2018.

How Large is 4 HATFIELD CLOSE?

4 HATFIELD CLOSE is 86m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 4 HATFIELD CLOSE lies on this distribution: 17% of detached houses houses are smaller than 4 HATFIELD CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

4 HATFIELD CLOSE: Plot and Title Map

4 HATFIELD CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 4 HATFIELD 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 HATFIELD 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 HATFIELD CLOSE?

4 HATFIELD CLOSE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 4 on HATFIELD CLOSE.