15, SAVILLE CLOSE, REDNAL, BIRMINGHAM, B45 8EN - £299,950

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 SAVILLE CLOSE is a large extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £375,644. It was last sold for £299,950 in June 2019, which was around 13% below the average June 2019 detached price in the Birmingham local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

15 SAVILLE CLOSE Sold Prices

Land registry data shows two sales for 15 SAVILLE 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. One of the two 15 SAVILLE 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
2019 20 JUN	£299,950	£346,512	13% below HPI
2000 27 NOV	£130,000	£126,924	2% above HPI

15 SAVILLE 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 15 SAVILLE CLOSE sales from November 2000 and June 2019 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 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the June 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 15 SAVILLE CLOSE be worth now?

15 SAVILLE CLOSE might now be worth an estimated £375,644.

This is based on house price inflation of 25.2%, between June 2019 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 25.2% inflationary increase is applied to the most recent sale price for 15 SAVILLE CLOSE of £299,950 on 20th June 2019. For the value to have increased from £299,950 to £375,644 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 15 SAVILLE CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The June 2019 sale price of £299,950 represented a fair market value for the property.
• The size, condition, and specification of 15 SAVILLE CLOSE has not materially changed since June 2019.

How Large is 15 SAVILLE CLOSE?

15 SAVILLE CLOSE is 137m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% 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 SAVILLE CLOSE lies on this distribution: 69% of detached houses houses are smaller than 15 SAVILLE CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

15 SAVILLE CLOSE: Plot and Title Map

15 SAVILLE CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 15 SAVILLE 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 SAVILLE 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 SAVILLE CLOSE?

15 SAVILLE CLOSE is located in REDNAL, in the B45 postcode district. The below map shows the position of No. 15 on SAVILLE CLOSE.