46, BISHOPS CLOSE, ERDINGTON, BIRMINGHAM, B23 7AQ - £156,000

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.

46 BISHOPS CLOSE is a small terraced house of 96m², built sometime between 2007 and 2011, which could now be worth an estimated £262,595. It was last sold for £156,000 in July 2015, which was around 18% above the average July 2015 terraced price in the Birmingham local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

46 BISHOPS CLOSE Sold Prices

Land registry data shows two sales for 46 BISHOPS 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 Birmingham local authority area for the corresponding sale date. Both of the two 46 BISHOPS 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
2015 17 JUL	£156,000	£131,826	18% above HPI
2013 21 JUN	£164,950	£117,392	41% above HPI

46 BISHOPS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Birmingham local authority area over time, sourced from the HPI. The two 46 BISHOPS CLOSE sales from June 2013 and July 2015 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 June 2013 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the July 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 46 BISHOPS CLOSE be worth now?

46 BISHOPS CLOSE might now be worth an estimated £262,595.

This is based on house price inflation of 68.3%, between July 2015 and July 2026, for terraced 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 68.3% inflationary increase is applied to the most recent sale price for 46 BISHOPS CLOSE of £156,000 on 17th July 2015. For the value to have increased from £156,000 to £262,595 over the eleven years to July 2026, the following assumptions must hold true:

• The value of 46 BISHOPS CLOSE has moved in line with the HPI for terraced houses in the Birmingham local authority area.
• The July 2015 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 46 BISHOPS CLOSE has not materially changed since July 2015.

How Large is 46 BISHOPS CLOSE?

46 BISHOPS CLOSE is 96m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 30% of terraced houses houses in Birmingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Birmingham, and where 46 BISHOPS CLOSE lies on this distribution: 29% of terraced houses houses are smaller than 46 BISHOPS CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

46 BISHOPS CLOSE: Plot and Title Map

46 BISHOPS CLOSE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 46 BISHOPS 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 46 BISHOPS 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 46 BISHOPS CLOSE?

46 BISHOPS CLOSE is located in ERDINGTON, in the B23 postcode district. The below map shows the position of No. 46 on BISHOPS CLOSE.