45, REDLANDS CLOSE, SOLIHULL, B91 2LZ - £297,000

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.

45 REDLANDS CLOSE is a very small extended semi-detached house of 85m², built sometime between 1930 and 1949, which could now be worth an estimated £373,571. It was last sold for £297,000 in July 2018, which was around 8% above the average July 2018 semi-detached price in the Solihull local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

45 REDLANDS CLOSE Sold Prices

Land registry data shows three sales for 45 REDLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Solihull local authority area for the corresponding sale date. One of the three 45 REDLANDS CLOSE sales was for above the average price, whilst two 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 19 JUL	£297,000	£274,239	8% above HPI
2000 20 OCT	£95,500	£99,871	4% below HPI
1996 22 MAR	£60,000	£63,624	6% below HPI

45 REDLANDS CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Solihull local authority area over time, sourced from the HPI. The three 45 REDLANDS CLOSE sales between March 1996 and July 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 2000 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2018 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 45 REDLANDS CLOSE be worth now?

45 REDLANDS CLOSE might now be worth an estimated £373,571.

This is based on house price inflation of 25.8%, between July 2018 and April 2026, for semi-detached 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 25.8% inflationary increase is applied to the most recent sale price for 45 REDLANDS CLOSE of £297,000 on 19th July 2018. For the value to have increased from £297,000 to £373,571 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 45 REDLANDS CLOSE has moved in line with the HPI for semi-detached houses in the Solihull local authority area.
• The July 2018 sale price of £297,000 represented a fair market value for the property.
• The size, condition, and specification of 45 REDLANDS CLOSE has not materially changed since July 2018.

How Large is 45 REDLANDS CLOSE?

45 REDLANDS CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of semi-detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Solihull, and where 45 REDLANDS CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 45 REDLANDS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Solihull.

45 REDLANDS CLOSE: Plot and Title Map

45 REDLANDS CLOSE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 45 REDLANDS 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 45 REDLANDS 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 45 REDLANDS CLOSE?

45 REDLANDS CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 45 on REDLANDS CLOSE.