Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources
1 WELTON CLOSE is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £330,000 in September 2017, which was about the average September 2017 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 1 WELTON CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. The three 1 WELTON CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2017 28 SEP | £330,000 | £331,552 | Close to HPI |
2016 18 JAN | £317,500 | £291,239 | 9% above HPI |
2009 13 AUG | £230,000 | £233,266 | 1% below HPI |
The below graph shows the average detached house price in the Birmingham local authority area over time, sourced from the HPI. The three 1 WELTON CLOSE sales between August 2009 and September 2017 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 January 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
1 WELTON CLOSE is 89m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 20% of detached houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses by size in Royal Sutton Coldfield, and where 1 WELTON CLOSE lies on this distribution: 11% of detached houses are smaller than 1 WELTON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.
1 WELTON CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 1 WELTON 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 1 WELTON 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.
1 WELTON CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 1 on WELTON CLOSE.