8, BARNARD CLOSE, REDNAL, BIRMINGHAM, B45 9SZ - £540,000

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.

8 BARNARD CLOSE is a very large detached house of 170m², built sometime between 2007 and 2011, which could now be worth an estimated £543,458. It was last sold for £540,000 in September 2023, which was around 24% above the average September 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

8 BARNARD CLOSE Sold Prices

Land registry data shows two sales for 8 BARNARD 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 8 BARNARD 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
2023 15 SEP	£540,000	£435,950	24% above HPI
2011 9 DEC	£340,000	£239,892	42% above HPI

8 BARNARD 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 8 BARNARD CLOSE sales from December 2011 and September 2023 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 2011 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2023 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 8 BARNARD CLOSE be worth now?

8 BARNARD CLOSE might now be worth an estimated £543,458.

This is based on house price inflation of 0.6%, between September 2023 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 0.6% inflationary increase is applied to the most recent sale price for 8 BARNARD CLOSE of £540,000 on 15th September 2023. For the value to have increased from £540,000 to £543,458 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of 8 BARNARD CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The September 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BARNARD CLOSE has not materially changed since September 2023.

How Large is 8 BARNARD CLOSE?

8 BARNARD CLOSE is 170m² according to the EPC inspection conducted in April 2022. This puts it in the largest 20% 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 8 BARNARD CLOSE lies on this distribution: 83% of detached houses houses are smaller than 8 BARNARD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

8 BARNARD CLOSE: Plot and Title Map

8 BARNARD CLOSE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 8 BARNARD 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 8 BARNARD 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 8 BARNARD CLOSE?

8 BARNARD CLOSE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 8 on BARNARD CLOSE.