47, REDLANDS CLOSE, SOLIHULL, B91 2LZ - £278,500

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.

47 REDLANDS CLOSE is a very small extended semi-detached house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £372,937. It was last sold for £278,500 in July 2017, which was around 8% above the average July 2017 semi-detached price in the Solihull local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

47 REDLANDS CLOSE Sold Prices

Land registry data shows two sales for 47 REDLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Solihull local authority area for the corresponding sale date. One of the two 47 REDLANDS CLOSE sales was for above the average price, whilst the other was 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
2017 28 JUL	£278,500	£257,594	8% above HPI
2007 12 OCT	£180,000	£203,348	11% below HPI

47 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 two 47 REDLANDS CLOSE sales from October 2007 and July 2017 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 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 47 REDLANDS CLOSE be worth now?

47 REDLANDS CLOSE might now be worth an estimated £372,937.

This is based on house price inflation of 33.9%, between July 2017 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 33.9% inflationary increase is applied to the most recent sale price for 47 REDLANDS CLOSE of £278,500 on 28th July 2017. For the value to have increased from £278,500 to £372,937 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of 47 REDLANDS CLOSE has moved in line with the HPI for semi-detached houses in the Solihull local authority area.
• The July 2017 sale price of £278,500 represented a fair market value for the property.
• The size, condition, and specification of 47 REDLANDS CLOSE has not materially changed since July 2017.

How Large is 47 REDLANDS CLOSE?

47 REDLANDS CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 47 REDLANDS CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 47 REDLANDS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Solihull.

47 REDLANDS CLOSE: Plot and Title Map

47 REDLANDS CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 47 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 47 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 47 REDLANDS CLOSE?

47 REDLANDS CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 47 on REDLANDS CLOSE.