5, POTTER CLOSE, BIRMINGHAM, B23 5YU - £228,000

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 POTTER CLOSE is a small detached house of 100m², built sometime between 1976 and 1982, which could now be worth an estimated £372,270. It was last sold for £228,000 in June 2015, which was around 15% below the average June 2015 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

5 POTTER CLOSE Sold Prices

Land registry data shows four sales for 5 POTTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. All of the four 5 POTTER 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
2015 24 JUN	£228,000	£268,711	15% below HPI
2012 11 MAY	£215,000	£237,841	10% below HPI
2006 23 AUG	£205,000	£247,371	17% below HPI
1998 9 APR	£96,500	£98,689	2% below HPI

5 POTTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The four 5 POTTER CLOSE sales between April 1998 and June 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 May 2012 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2015 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 POTTER CLOSE be worth now?

5 POTTER CLOSE might now be worth an estimated £372,270.

This is based on house price inflation of 63.3%, between June 2015 and May 2026, for 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 63.3% inflationary increase is applied to the most recent sale price for 5 POTTER CLOSE of £228,000 on 24th June 2015. For the value to have increased from £228,000 to £372,270 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 5 POTTER CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The June 2015 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 5 POTTER CLOSE has not materially changed since June 2015.

How Large is 5 POTTER CLOSE?

5 POTTER CLOSE is 100m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% of detached houses houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 5 POTTER CLOSE lies on this distribution: 33% of detached houses houses are smaller than 5 POTTER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

5 POTTER CLOSE: Plot and Title Map

5 POTTER CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 POTTER 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 POTTER 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 POTTER CLOSE?

5 POTTER CLOSE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 5 on POTTER CLOSE.