5, WITLEY FARM CLOSE, SOLIHULL, B91 3GX - £955,000

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 WITLEY FARM CLOSE is a very large extended detached house of 199m², built sometime between 1991 and 1995, which could now be worth an estimated £1,301,099. It was last sold for £955,000 in January 2017, which was around 118% above the average January 2017 detached price in the Solihull local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was D.

5 WITLEY FARM CLOSE Sold Prices

Land registry data shows two sales for 5 WITLEY FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two 5 WITLEY FARM 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
2017 31 JAN	£955,000	£438,465	118% above HPI
2014 9 JUL	£895,000	£365,129	145% above HPI

5 WITLEY FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 5 WITLEY FARM CLOSE sales from July 2014 and January 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 July 2014 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the January 2017 sale, where it falls to 118% above the HPI. The line then continues to track at 118% above the HPI.

What might 5 WITLEY FARM CLOSE be worth now?

5 WITLEY FARM CLOSE might now be worth an estimated £1,301,099.

This is based on house price inflation of 36.2%, between January 2017 and May 2026, for 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 36.2% inflationary increase is applied to the most recent sale price for 5 WITLEY FARM CLOSE of £955,000 on 31st January 2017. For the value to have increased from £955,000 to £1,301,099 over the eight years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 WITLEY FARM CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The January 2017 sale price of £955,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WITLEY FARM CLOSE has not materially changed since January 2017.

How Large is 5 WITLEY FARM CLOSE?

5 WITLEY FARM CLOSE is 199m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 20% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 5 WITLEY FARM CLOSE lies on this distribution: 87% of detached houses houses are smaller than 5 WITLEY FARM CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Solihull.

5 WITLEY FARM CLOSE: Plot and Title Map

5 WITLEY FARM CLOSE sits on a plot of roughly 0.423 of an acre, or 1,713m². The below map shows the location of 5 WITLEY FARM 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 WITLEY FARM 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 WITLEY FARM CLOSE?

5 WITLEY FARM CLOSE is located in SOLIHULL, in the B91 postcode district. The below map shows the position of No. 5 on WITLEY FARM CLOSE.