2, CHELSEA CLOSE, BIRMINGHAM, B32 2XD - £185,000

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.

2 CHELSEA CLOSE is a midsized extended detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £336,197. It was last sold for £185,000 in November 2009, which was around 23% below the average November 2009 detached price in the Birmingham local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 CHELSEA CLOSE Sold Prices

Land registry data shows two sales for 2 CHELSEA 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 2 CHELSEA 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
2009 3 NOV	£185,000	£238,794	23% below HPI
1998 4 SEP	£99,000	£104,292	5% below HPI

2 CHELSEA 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 2 CHELSEA CLOSE sales from September 1998 and November 2009 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 September 1998 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2009 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 CHELSEA CLOSE be worth now?

2 CHELSEA CLOSE might now be worth an estimated £336,197.

This is based on house price inflation of 81.7%, between November 2009 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 81.7% inflationary increase is applied to the most recent sale price for 2 CHELSEA CLOSE of £185,000 on 3rd November 2009. For the value to have increased from £185,000 to £336,197 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 CHELSEA CLOSE has moved in line with the HPI for detached houses in the Birmingham local authority area.
• The November 2009 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHELSEA CLOSE has not materially changed since November 2009.

How Large is 2 CHELSEA CLOSE?

2 CHELSEA CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 50% 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 2 CHELSEA CLOSE lies on this distribution: 53% of detached houses houses are smaller than 2 CHELSEA CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Birmingham.

2 CHELSEA CLOSE: Plot and Title Map

2 CHELSEA CLOSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 2 CHELSEA 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 CHELSEA 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 2 CHELSEA CLOSE?

2 CHELSEA CLOSE is located in BIRMINGHAM, in the B32 postcode district. The below map shows the position of No. 2 on CHELSEA CLOSE.