18, HOBACRE CLOSE, RUBERY, BIRMINGHAM, B45 9YG - £148,000

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

18 HOBACRE CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975. It was last sold for £148,000 in April 2007, which was around 44% below the average April 2007 detached price in the Birmingham local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.

18 HOBACRE CLOSE Sold Prices

Land registry data shows two sales for 18 HOBACRE 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. Both of the two 18 HOBACRE 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
2007 5 APR	£148,000	£263,663	44% below HPI
2000 17 MAR	£74,000	£115,938	36% below HPI

18 HOBACRE 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 18 HOBACRE CLOSE sales from March 2000 and April 2007 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 March 2000 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2007 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 18 HOBACRE CLOSE?

18 HOBACRE CLOSE is 80m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses by size in Birmingham, and where 18 HOBACRE CLOSE lies on this distribution: 12% of detached houses are smaller than 18 HOBACRE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

18 HOBACRE CLOSE: Plot and Title Map

18 HOBACRE CLOSE sits on a plot of roughly 0.083 of an acre, or 338m². The below map shows the location of 18 HOBACRE 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 18 HOBACRE 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 18 HOBACRE CLOSE?

18 HOBACRE CLOSE is located in RUBERY, in the B45 postcode district. The below map shows the position of No. 18 on HOBACRE CLOSE.