18, RICHMOND CLOSE, HOLLYWOOD, BIRMINGHAM, B47 5QD - £503,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 RICHMOND CLOSE is a large detached house of 144m², built sometime between 1983 and 1990. It was last sold for £503,000 in February 2019, which was around 18% above the average February 2019 detached price in the Bromsgrove local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

18 RICHMOND CLOSE Sold Prices

Land registry data shows three sales for 18 RICHMOND 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 Bromsgrove local authority area for the corresponding sale date. All of the three 18 RICHMOND CLOSE sales were 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 8 FEB	£503,000	£427,837	18% above HPI
2012 9 OCT	£391,000	£308,400	27% above HPI
2007 10 JAN	£350,000	£305,371	15% above HPI

18 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 three 18 RICHMOND CLOSE sales between January 2007 and February 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 October 2012 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the February 2019 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 18 RICHMOND CLOSE?

18 RICHMOND CLOSE is 144m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% of detached houses in Hollywood, based on EPC data. The below chart shows the distribution of detached houses by size in Hollywood, and where 18 RICHMOND CLOSE lies on this distribution: 75% of detached houses are smaller than 18 RICHMOND CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Hollywood.

18 RICHMOND CLOSE: Plot and Title Map

18 RICHMOND CLOSE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 18 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 18 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 18 RICHMOND CLOSE?

18 RICHMOND CLOSE is located in HOLLYWOOD, in the B47 postcode district. The below map shows the position of No. 18 on RICHMOND CLOSE.