4, OAKLAND CLOSE, SOLIHULL, B91 2QB - £423,500

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.

4 OAKLAND CLOSE is a midsized extended terraced house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £476,802. It was last sold for £423,500 in August 2021, which was around 78% above the average August 2021 terraced price in the Solihull local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

4 OAKLAND CLOSE Sold Prices

Land registry data shows two sales for 4 OAKLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Solihull local authority area for the corresponding sale date. Both of the two 4 OAKLAND 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 27 AUG	£423,500	£238,309	78% above HPI
2018 30 JAN	£290,000	£196,716	47% above HPI

4 OAKLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Solihull local authority area over time, sourced from the HPI. The two 4 OAKLAND CLOSE sales from January 2018 and August 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 January 2018 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2021 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 4 OAKLAND CLOSE be worth now?

4 OAKLAND CLOSE might now be worth an estimated £476,802.

This is based on house price inflation of 12.6%, between August 2021 and May 2026, for terraced houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 4 OAKLAND CLOSE of £423,500 on 27th August 2021. For the value to have increased from £423,500 to £476,802 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 4 OAKLAND CLOSE has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The August 2021 sale price of £423,500 represented a fair market value for the property.
• The size, condition, and specification of 4 OAKLAND CLOSE has not materially changed since August 2021.

How Large is 4 OAKLAND CLOSE?

4 OAKLAND CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of terraced houses houses in Solihull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Solihull, and where 4 OAKLAND CLOSE lies on this distribution: 47% of terraced houses houses are smaller than 4 OAKLAND CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Solihull.

4 OAKLAND CLOSE: Plot and Title Map

4 OAKLAND CLOSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 4 OAKLAND 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 OAKLAND 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 OAKLAND CLOSE?

4 OAKLAND CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 4 on OAKLAND CLOSE.