40, OVERTON CLOSE, BIRMINGHAM, B28 9NA - £373,500

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.

40 OVERTON CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £378,760. It was last sold for £373,500 in October 2023, which was around 14% below the average October 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

40 OVERTON CLOSE Sold Prices

Land registry data shows two sales for 40 OVERTON 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 40 OVERTON 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
2023 30 OCT	£373,500	£432,649	14% below HPI
2019 31 OCT	£274,000	£350,638	22% below HPI

40 OVERTON 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 40 OVERTON CLOSE sales from October 2019 and October 2023 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 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 40 OVERTON CLOSE be worth now?

40 OVERTON CLOSE might now be worth an estimated £378,760.

This is based on house price inflation of 1.4%, between October 2023 and May 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 1.4% inflationary increase is applied to the most recent sale price for 40 OVERTON CLOSE of £373,500 on 30th October 2023. For the value to have increased from £373,500 to £378,760 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 40 OVERTON CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The October 2023 sale price of £373,500 represented a fair market value for the property.
• The size, condition, and specification of 40 OVERTON CLOSE has not materially changed since October 2023.

How Large is 40 OVERTON CLOSE?

40 OVERTON CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% 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 40 OVERTON CLOSE lies on this distribution: 49% of detached houses houses are smaller than 40 OVERTON CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

40 OVERTON CLOSE: Plot and Title Map

40 OVERTON CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 40 OVERTON 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 40 OVERTON 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 40 OVERTON CLOSE?

40 OVERTON CLOSE is located in BIRMINGHAM, in the B28 postcode district. The below map shows the position of No. 40 on OVERTON CLOSE.