16, RICHMOND CLOSE, HOLLYWOOD, BIRMINGHAM, B47 5QD - £450,000

16 RICHMOND CLOSE is a large extended detached house of 157m², built sometime between 1983 and 1990. It was last sold for £450,000 in August 2016, which was around 19% above the average August 2016 detached price in the Bromsgrove local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

16 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 16 RICHMOND 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 Bromsgrove local authority area for the corresponding sale date. Both of the two 16 RICHMOND 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
2016 25 AUG	£450,000	£378,096	19% above HPI
1998 4 SEP	£155,000	£133,077	16% above HPI

16 RICHMOND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 16 RICHMOND CLOSE sales from September 1998 and August 2016 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 September 1998 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2016 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 16 RICHMOND CLOSE?

16 RICHMOND CLOSE is 157m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 16 RICHMOND CLOSE lies on this distribution: 80% of detached houses are smaller than 16 RICHMOND CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

16 RICHMOND CLOSE: Plot and Title Map

16 RICHMOND CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 16 RICHMOND 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 16 RICHMOND 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 16 RICHMOND CLOSE?

16 RICHMOND CLOSE is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 16 on RICHMOND CLOSE.