12, CHESTNUT CLOSE, STREETLY, SUTTON COLDFIELD, B74 3EF - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 CHESTNUT CLOSE is a very small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £350,000 in January 2019, which was around 29% above the average January 2019 detached price in the Walsall local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

12 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 12 CHESTNUT 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 Walsall local authority area for the corresponding sale date. Both of the two 12 CHESTNUT 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
2019 18 JAN	£350,000	£272,187	29% above HPI
2018 31 OCT	£360,000	£268,358	34% above HPI

12 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Walsall local authority area over time, sourced from the HPI. The two 12 CHESTNUT CLOSE sales from October 2018 and January 2019 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 October 2018 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the January 2019 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 12 CHESTNUT CLOSE?

12 CHESTNUT CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses in Streetly, based on EPC data. The below chart shows the distribution of detached houses by size in Streetly, and where 12 CHESTNUT CLOSE lies on this distribution: 16% of detached houses are smaller than 12 CHESTNUT CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Streetly.

12 CHESTNUT CLOSE: Plot and Title Map

12 CHESTNUT CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 12 CHESTNUT 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 12 CHESTNUT 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 12 CHESTNUT CLOSE?

12 CHESTNUT CLOSE is located in STREETLY, in the B74 postcode district. The below map shows the position of No. 12 on CHESTNUT CLOSE.