15, GREY MILL CLOSE, SHIRLEY, SOLIHULL, B90 4TE - £397,500

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 GREY MILL CLOSE is a small detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £563,068. It was last sold for £397,500 in January 2016, which was around 3% below the average January 2016 detached price in the Solihull local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

15 GREY MILL CLOSE Sold Prices

Land registry data shows three sales for 15 GREY MILL 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 Solihull local authority area for the corresponding sale date. All of the three 15 GREY MILL 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
2016 14 JAN	£397,500	£411,743	3% below HPI
2007 8 JUN	£319,950	£342,309	7% below HPI
1996 20 SEP	£118,950	£123,238	3% below HPI

15 GREY MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The three 15 GREY MILL CLOSE sales between September 1996 and January 2016 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 June 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 GREY MILL CLOSE be worth now?

15 GREY MILL CLOSE might now be worth an estimated £563,068.

This is based on house price inflation of 41.7%, between January 2016 and February 2025, for detached houses, in the Solihull local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for 15 GREY MILL CLOSE of £397,500 on 14th January 2016. For the value to have increased from £397,500 to £563,068 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 GREY MILL CLOSE has moved in line with the HPI for detached houses in the Solihull local authority area.
• The January 2016 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 15 GREY MILL CLOSE has not materially changed since January 2016.

How Large is 15 GREY MILL CLOSE?

15 GREY MILL CLOSE is 100m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses houses in Solihull, based on EPC data. The below chart shows the distribution of detached houses houses by size in Solihull, and where 15 GREY MILL CLOSE lies on this distribution: 21% of detached houses houses are smaller than 15 GREY MILL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Solihull.

15 GREY MILL CLOSE: Plot and Title Map

15 GREY MILL CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 15 GREY MILL 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 GREY MILL 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 GREY MILL CLOSE?

15 GREY MILL CLOSE is located in SHIRLEY, in the B90 postcode district. The below map shows the position of No. 15 on GREY MILL CLOSE.