7, BINLEY CLOSE, SHIRLEY, SOLIHULL, B90 2RB - £360,123

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.

7 BINLEY CLOSE is a very small extended terraced house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £389,127. It was last sold for £360,123 in June 2021, which was around 51% above the average June 2021 terraced price in the Solihull local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

7 BINLEY CLOSE Sold Prices

Land registry data shows two sales for 7 BINLEY 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. Both of the two 7 BINLEY 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
2021 28 JUN	£360,123	£238,210	51% above HPI
2017 30 AUG	£327,000	£197,723	65% above HPI

7 BINLEY 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 7 BINLEY CLOSE sales from August 2017 and June 2021 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 August 2017 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 7 BINLEY CLOSE be worth now?

7 BINLEY CLOSE might now be worth an estimated £389,127.

This is based on house price inflation of 8.1%, between June 2021 and June 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 8.1% inflationary increase is applied to the most recent sale price for 7 BINLEY CLOSE of £360,123 on 28th June 2021. For the value to have increased from £360,123 to £389,127 over the four years to June 2025, the following assumptions must hold true:

• The value of 7 BINLEY CLOSE has moved in line with the HPI for terraced houses in the Solihull local authority area.
• The June 2021 sale price of £360,123 represented a fair market value for the property.
• The size, condition, and specification of 7 BINLEY CLOSE has not materially changed since June 2021.

How Large is 7 BINLEY CLOSE?

7 BINLEY CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of terraced houses houses in Solihull, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Solihull, and where 7 BINLEY CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 7 BINLEY CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Solihull.

7 BINLEY CLOSE: Plot and Title Map

7 BINLEY CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 7 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 7 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 7 BINLEY CLOSE?

7 BINLEY CLOSE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 7 on BINLEY CLOSE.