55, BINLEY CLOSE, SHIRLEY, SOLIHULL, B90 2RB - £250,000

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.

55 BINLEY CLOSE is a midsized detached house of 119m², built sometime between 1983 and 1990, which could now be worth an estimated £417,755. It was last sold for £250,000 in August 2010, which was around 28% below the average August 2010 detached price in the Solihull local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

55 BINLEY CLOSE Sold Prices

Land registry data shows three sales for 55 BINLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. All of the three 55 BINLEY 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
2010 26 AUG	£250,000	£349,035	28% below HPI
2003 3 OCT	£249,995	£282,532	12% below HPI
1997 16 JUN	£111,000	£134,275	17% below HPI

55 BINLEY 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 three 55 BINLEY CLOSE sales between June 1997 and August 2010 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2010 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 55 BINLEY CLOSE be worth now?

55 BINLEY CLOSE might now be worth an estimated £417,755.

This is based on house price inflation of 67.1%, between August 2010 and February 2025, 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 67.1% inflationary increase is applied to the most recent sale price for 55 BINLEY CLOSE of £250,000 on 26th August 2010. For the value to have increased from £250,000 to £417,755 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 55 BINLEY CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The August 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 55 BINLEY CLOSE has not materially changed since August 2010.

How Large is 55 BINLEY CLOSE?

55 BINLEY CLOSE is 119m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% 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 55 BINLEY CLOSE lies on this distribution: 40% of detached houses houses are smaller than 55 BINLEY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Solihull.

55 BINLEY CLOSE: Plot and Title Map

55 BINLEY CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 55 BINLEY 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 55 BINLEY 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 55 BINLEY CLOSE?

55 BINLEY CLOSE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 55 on BINLEY CLOSE.