15, DEERHAM CLOSE, BIRMINGHAM, B23 5XX - £235,000

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.

15 DEERHAM CLOSE is a very small extended detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £291,108. It was last sold for £235,000 in February 2020, which was around 33% below the average February 2020 detached price in the Birmingham local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

15 DEERHAM CLOSE Sold Prices

Land registry data shows three sales for 15 DEERHAM 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. All of the three 15 DEERHAM 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 27 FEB	£235,000	£350,316	33% below HPI
2018 30 NOV	£180,000	£348,980	48% below HPI
1997 25 JUL	£72,000	£96,093	25% below HPI

15 DEERHAM 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 15 DEERHAM CLOSE sales between July 1997 and February 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 November 2018 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the February 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 15 DEERHAM CLOSE be worth now?

15 DEERHAM CLOSE might now be worth an estimated £291,108.

This is based on house price inflation of 23.9%, between February 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 23.9% inflationary increase is applied to the most recent sale price for 15 DEERHAM CLOSE of £235,000 on 27th February 2020. For the value to have increased from £235,000 to £291,108 over the five years to February 2025, the following assumptions must hold true:

• The value of 15 DEERHAM CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The February 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 15 DEERHAM CLOSE has not materially changed since February 2020.

How Large is 15 DEERHAM CLOSE?

15 DEERHAM CLOSE is 78m², which includes two extensions, according to the EPC inspection conducted in July 2018. 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 15 DEERHAM CLOSE lies on this distribution: 10% of detached houses houses are smaller than 15 DEERHAM CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 DEERHAM CLOSE: Plot and Title Map

15 DEERHAM CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 15 DEERHAM 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 15 DEERHAM 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 15 DEERHAM CLOSE?

15 DEERHAM CLOSE is located in BIRMINGHAM, in the B23 postcode district. The below map shows the position of No. 15 on DEERHAM CLOSE.