12, WELTON CLOSE, SUTTON COLDFIELD, B76 2RG - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 WELTON CLOSE is a small extended detached house of 116m², built sometime between 1991 and 1995, which could now be worth an estimated £470,901. It was last sold for £485,000 in February 2023, which was around 9% above the average February 2023 detached price in the Birmingham local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

12 WELTON CLOSE Sold Prices

Land registry data shows two sales for 12 WELTON 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 Birmingham local authority area for the corresponding sale date. Both of the two 12 WELTON 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
2023 16 FEB	£485,000	£445,771	9% above HPI
1995 3 MAR	£104,000	£87,078	19% above HPI

12 WELTON 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 two 12 WELTON CLOSE sales from March 1995 and February 2023 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 March 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2023 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 12 WELTON CLOSE be worth now?

12 WELTON CLOSE might now be worth an estimated £470,901.

This is based on house price deflation of 2.9%, between February 2023 and December 2024, 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 2.9% deflationary decrease is applied to the most recent sale price for 12 WELTON CLOSE of £485,000 on 16th February 2023. For the value to have decreased from £485,000 to £470,901 over the two months to December 2024, the following assumptions must hold true:

• The value of 12 WELTON CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The February 2023 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WELTON CLOSE has not materially changed since February 2023.

How Large is 12 WELTON CLOSE?

12 WELTON CLOSE is 116m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% of detached houses houses in Royal Sutton Coldfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royal Sutton Coldfield, and where 12 WELTON CLOSE lies on this distribution: 38% of detached houses houses are smaller than 12 WELTON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Royal Sutton Coldfield.

12 WELTON CLOSE: Plot and Title Map

12 WELTON CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 12 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 12 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.

Where is 12 WELTON CLOSE?

12 WELTON CLOSE is located in SUTTON COLDFIELD, in the B76 postcode district. The below map shows the position of No. 12 on WELTON CLOSE.