7, TULIP CLOSE, BIRMINGHAM, B23 5GX - £240,000

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.

7 TULIP CLOSE is a small detached house of 91m², which could now be worth an estimated £248,266. It was last sold for £240,000 in May 2024, which was around 43% below the average May 2024 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.

7 TULIP CLOSE Sold Prices

Land registry data shows two sales for 7 TULIP 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 Birmingham local authority area for the corresponding sale date. Both of the two 7 TULIP 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
2024 31 MAY	£240,000	£419,507	43% below HPI
2017 21 DEC	£230,000	£327,119	30% below HPI

7 TULIP 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 two 7 TULIP CLOSE sales from December 2017 and May 2024 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 December 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2024 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 7 TULIP CLOSE be worth now?

7 TULIP CLOSE might now be worth an estimated £248,266.

This is based on house price inflation of 3.4%, between May 2024 and February 2025, 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 3.4% inflationary increase is applied to the most recent sale price for 7 TULIP CLOSE of £240,000 on 31st May 2024. For the value to have increased from £240,000 to £248,266 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 7 TULIP CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The May 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 7 TULIP CLOSE has not materially changed since May 2024.

How Large is 7 TULIP CLOSE?

7 TULIP CLOSE is 91m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 30% 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 7 TULIP CLOSE lies on this distribution: 23% of detached houses houses are smaller than 7 TULIP CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 TULIP CLOSE: Plot and Title Map

7 TULIP CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 7 TULIP 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 TULIP 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 TULIP CLOSE?

7 TULIP CLOSE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 7 on TULIP CLOSE.