5, KITEGREEN CLOSE, CHELMSLEY WOOD, BIRMINGHAM, B37 6UP - £128,000

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.

5 KITEGREEN CLOSE is a small extended terraced house of 90m², built sometime between 2003 and 2006, which could now be worth an estimated £201,744. It was last sold for £128,000 in October 2014, which was around 23% below the average October 2014 terraced price in the Solihull local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

5 KITEGREEN CLOSE Sold Prices

Land registry data shows two sales for 5 KITEGREEN 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 Solihull local authority area for the corresponding sale date. One of the two 5 KITEGREEN CLOSE sales was for below the average price, whilst the other was 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
2014 24 OCT	£128,000	£165,807	23% below HPI
2006 30 NOV	£149,995	£145,576	3% above HPI

5 KITEGREEN CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Solihull local authority area over time, sourced from the HPI. The two 5 KITEGREEN CLOSE sales from November 2006 and October 2014 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 November 2006 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 KITEGREEN CLOSE be worth now?

5 KITEGREEN CLOSE might now be worth an estimated £201,744.

This is based on house price inflation of 57.6%, between October 2014 and July 2025, for terraced 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 57.6% inflationary increase is applied to the most recent sale price for 5 KITEGREEN CLOSE of £128,000 on 24th October 2014. For the value to have increased from £128,000 to £201,744 over the eleven years and three months to July 2025, the following assumptions must hold true:

• The value of 5 KITEGREEN CLOSE has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The October 2014 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 5 KITEGREEN CLOSE has not materially changed since October 2014.

How Large is 5 KITEGREEN CLOSE?

5 KITEGREEN CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 5 KITEGREEN CLOSE lies on this distribution: 22% of terraced houses houses are smaller than 5 KITEGREEN CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 KITEGREEN CLOSE: Plot and Title Map

5 KITEGREEN CLOSE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 5 KITEGREEN 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 5 KITEGREEN 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 5 KITEGREEN CLOSE?

5 KITEGREEN CLOSE is located in CHELMSLEY WOOD, in the B37 postcode district. The below map shows the position of No. 5 on KITEGREEN CLOSE.