7, MADLEY CLOSE, RUBERY, BIRMINGHAM, B45 9XA - £220,000

7 MADLEY CLOSE is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £220,000 in June 2008, which was around 31% below the average June 2008 detached price in the Bromsgrove local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

7 MADLEY CLOSE Sold Prices

Land registry data shows two sales for 7 MADLEY 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 7 MADLEY 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
2008 27 JUN	£220,000	£316,896	31% below HPI
2002 4 SEP	£119,500	£214,547	44% below HPI

7 MADLEY 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 7 MADLEY CLOSE sales from September 2002 and June 2008 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2008 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 MADLEY CLOSE?

7 MADLEY CLOSE is 139m², which includes three extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 7 MADLEY CLOSE lies on this distribution: 70% of detached houses are smaller than 7 MADLEY CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

7 MADLEY CLOSE: Plot and Title Map

7 MADLEY CLOSE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 7 MADLEY 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 MADLEY 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 MADLEY CLOSE?

7 MADLEY CLOSE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 7 on MADLEY CLOSE.