42, KNOWLE CLOSE, REDNAL, BIRMINGHAM, B45 8XU - £166,500

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.

42 KNOWLE CLOSE is a very small semi-detached house of 43m², built sometime between 1991 and 1995, which could now be worth an estimated £173,820. It was last sold for £166,500 in June 2024, which was around 36% below the average June 2024 semi-detached price in the Birmingham local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

42 KNOWLE CLOSE Sold Prices

Land registry data shows five sales for 42 KNOWLE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Birmingham local authority area for the corresponding sale date. All of the five 42 KNOWLE 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
2024 21 JUN	£166,500	£261,651	36% below HPI
2006 9 OCT	£104,000	£151,647	31% below HPI
2003 17 MAR	£69,950	£110,401	37% below HPI
2000 12 OCT	£48,500	£68,277	29% below HPI
2000 14 APR	£46,000	£63,039	27% below HPI

42 KNOWLE 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 five 42 KNOWLE CLOSE sales between April 2000 and June 2024 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 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 42 KNOWLE CLOSE be worth now?

42 KNOWLE CLOSE might now be worth an estimated £173,820.

This is based on house price inflation of 4.4%, between June 2024 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 4.4% inflationary increase is applied to the most recent sale price for 42 KNOWLE CLOSE of £166,500 on 21st June 2024. For the value to have increased from £166,500 to £173,820 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 42 KNOWLE CLOSE has moved in line with the HPI for semi-detached houses in the Birmingham local authority area.
• The June 2024 sale price of £166,500 represented a fair market value for the property.
• The size, condition, and specification of 42 KNOWLE CLOSE has not materially changed since June 2024.

How Large is 42 KNOWLE CLOSE?

42 KNOWLE CLOSE is 43m² according to the EPC inspection conducted in January 2024. 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 42 KNOWLE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 42 KNOWLE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

42 KNOWLE CLOSE: Plot and Title Map

42 KNOWLE CLOSE sits on a plot of roughly 0.027 of an acre, or 111m². The below map shows the location of 42 KNOWLE 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 42 KNOWLE 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 42 KNOWLE CLOSE?

42 KNOWLE CLOSE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 42 on KNOWLE CLOSE.