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

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.

18 HOBACRE CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £248,381. It was last sold for £148,000 in April 2007, which was around 43% 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	£258,576	43% below HPI
2000 17 MAR	£74,000	£113,701	35% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2007 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 18 HOBACRE CLOSE be worth now?

18 HOBACRE CLOSE might now be worth an estimated £248,381.

This is based on house price inflation of 67.8%, between April 2007 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 67.8% inflationary increase is applied to the most recent sale price for 18 HOBACRE CLOSE of £148,000 on 5th April 2007. For the value to have increased from £148,000 to £248,381 over the eighteen years and two months to February 2025, the following assumptions must hold true:

• The value of 18 HOBACRE CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The April 2007 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HOBACRE CLOSE has not materially changed since April 2007.

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 houses in Birmingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Birmingham, and where 18 HOBACRE CLOSE lies on this distribution: 12% of detached houses 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 0.084 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.