15, RICHMOND CLOSE, HOLLYWOOD, BIRMINGHAM, B47 5QD - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 RICHMOND CLOSE is a midsized extended detached house of 113m², built sometime between 1983 and 1990. It was last sold for £495,000 in October 2022, which was around 4% below the average October 2022 detached price in the Bromsgrove local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

15 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 15 RICHMOND 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 Bromsgrove local authority area for the corresponding sale date. One of the two 15 RICHMOND CLOSE sales was for below the average price, whilst the other was 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
2022 5 OCT	£495,000	£514,915	4% below HPI
1995 10 FEB	£113,000	£105,739	7% above HPI

15 RICHMOND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bromsgrove local authority area over time, sourced from the HPI. The two 15 RICHMOND CLOSE sales from February 1995 and October 2022 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 February 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 15 RICHMOND CLOSE?

15 RICHMOND CLOSE is 113m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 50% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 15 RICHMOND CLOSE lies on this distribution: 49% of detached houses are smaller than 15 RICHMOND CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

15 RICHMOND CLOSE: Plot and Title Map

15 RICHMOND CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 15 RICHMOND 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 RICHMOND 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 RICHMOND CLOSE?

15 RICHMOND CLOSE is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 15 on RICHMOND CLOSE.