12, LAUGHTON CLOSE, BIRMINGHAM, B31 3PF - £350,000

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.

12 LAUGHTON CLOSE is a very small detached house of 82m², built sometime between 2003 and 2006, which could now be worth an estimated £415,137. It was last sold for £350,000 in November 2020, which was around 4% below the average November 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

12 LAUGHTON CLOSE Sold Prices

Land registry data shows five sales for 12 LAUGHTON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Birmingham local authority area for the corresponding sale date. Most of the five 12 LAUGHTON 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
2020 30 NOV	£350,000	£365,866	4% below HPI
2016 19 DEC	£275,000	£307,049	10% below HPI
2016 16 DEC	£280,000	£307,049	9% below HPI
2014 28 MAR	£241,000	£252,970	5% below HPI
2002 27 SEP	£179,950	£175,488	3% above HPI

12 LAUGHTON 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 five 12 LAUGHTON CLOSE sales between September 2002 and November 2020 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 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 12 LAUGHTON CLOSE be worth now?

12 LAUGHTON CLOSE might now be worth an estimated £415,137.

This is based on house price inflation of 18.6%, between November 2020 and February 2025, 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 18.6% inflationary increase is applied to the most recent sale price for 12 LAUGHTON CLOSE of £350,000 on 30th November 2020. For the value to have increased from £350,000 to £415,137 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 LAUGHTON CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The November 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAUGHTON CLOSE has not materially changed since November 2020.

How Large is 12 LAUGHTON CLOSE?

12 LAUGHTON CLOSE is 82m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 12 LAUGHTON CLOSE lies on this distribution: 13% of detached houses houses are smaller than 12 LAUGHTON CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

12 LAUGHTON CLOSE: Plot and Title Map

12 LAUGHTON CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 12 LAUGHTON 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 LAUGHTON 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 LAUGHTON CLOSE?

12 LAUGHTON CLOSE is located in BIRMINGHAM, in the B31 postcode district. The below map shows the position of No. 12 on LAUGHTON CLOSE.