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
2 ARROW CLOSE is a very small extended detached house of 95m², built sometime between 1967 and 1975. It was last sold for £260,000 in January 2005, which was around 20% below the average January 2005 detached price in the Solihull local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 ARROW CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Solihull local authority area for the corresponding sale date. Both of the two 2 ARROW 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 |
---|---|---|---|
2005 28 JAN | £260,000 | £324,338 | 20% below HPI |
1995 24 NOV | £95,500 | £120,432 | 21% below HPI |
The below graph shows the average detached house price in the Solihull local authority area over time, sourced from the HPI. The two 2 ARROW CLOSE sales from November 1995 and January 2005 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 1995 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2005 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.
2 ARROW CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Knowle, based on EPC data. The below chart shows the distribution of detached houses by size in Knowle, and where 2 ARROW CLOSE lies on this distribution: 12% of detached houses are smaller than 2 ARROW CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Knowle.
2 ARROW CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 ARROW 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 2 ARROW 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.
2 ARROW CLOSE is located in KNOWLE, in the B93 postcode district. The below map shows the position of No. 2 on ARROW CLOSE.