14, LAKE VIEW CLOSE, BIRMINGHAM, B30 1BX - £400,000

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.

14 LAKE VIEW CLOSE is a large detached house of 145m², built sometime between 2003 and 2006, which could now be worth an estimated £655,805. It was last sold for £400,000 in September 2014, which was around 51% above the average September 2014 detached price in the Birmingham local authority area. The most recent EPC inspection was March 2012, where the current energy rating was B, and the potential energy rating was B.

14 LAKE VIEW CLOSE Sold Prices

Land registry data shows three sales for 14 LAKE VIEW CLOSE since 1^st 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. Two of the three 14 LAKE VIEW CLOSE sales were for above the average price, whilst one was 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
2014 9 SEP	£400,000	£264,686	51% above HPI
2007 24 MAY	£445,000	£257,491	73% above HPI
2006 22 MAY	£180,000	£243,469	26% below HPI

14 LAKE VIEW 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 three 14 LAKE VIEW CLOSE sales between May 2006 and September 2014 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 May 2007 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2014 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 14 LAKE VIEW CLOSE be worth now?

14 LAKE VIEW CLOSE might now be worth an estimated £655,805.

This is based on house price inflation of 64%, between September 2014 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 64% inflationary increase is applied to the most recent sale price for 14 LAKE VIEW CLOSE of £400,000 on 9th September 2014. For the value to have increased from £400,000 to £655,805 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 LAKE VIEW CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The September 2014 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LAKE VIEW CLOSE has not materially changed since September 2014.

How Large is 14 LAKE VIEW CLOSE?

14 LAKE VIEW CLOSE is 145m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% 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 14 LAKE VIEW CLOSE lies on this distribution: 73% of detached houses houses are smaller than 14 LAKE VIEW CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

14 LAKE VIEW CLOSE: Plot and Title Map

14 LAKE VIEW CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 14 LAKE VIEW 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 14 LAKE VIEW 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 14 LAKE VIEW CLOSE?

14 LAKE VIEW CLOSE is located in BIRMINGHAM, in the B30 postcode district. The below map shows the position of No. 14 on LAKE VIEW CLOSE.